378.77? 

Illinois. University      I29u 
The  U.of  111.  and  the  College  of 
physicians  and  surgeons  in  Chicago 

72589 


37S-T73 


ARCHIVES 


SPECIAL  COLLrrCT"VJS 

LIB.  OF  THE  H -;  ALiH  id. 

U.  OF  ILL  /  CHICAGO 


Return  this  book  on  or  before  the 
Latest  Date  stamped  below. 

University  of  Illinois  Library,  Chicago 


APR  27  Vdbl 

. 

J^    * 

DEC  28  1959 
OCT2     ttfii 


(33167) 


.  .  AND  .  . 


OF  CHICAGO. 


These  Extracts  from  the  proceedings  of  the  Board  of  Trustees  of  the 
University  of  Illinois  show  the  successive  steps  taken  in  affiliating  the 
College  of  Physicians  and  Surgeons  of  Chicago  with  the  University  and 
have  been  brought  together  by  order  of  the  Trustees. 

Urbana,  Aug.  7,  1906.  W.  L.  PILLSBURY,  Secretary. 


THE    UNIVERSITY    AND    THE    SCHOOL    OF    MEDICINE. 

The  special  committee  appointed  upon  the  relations  of  the  University  with 
the  School  of  Medicine  reported  as  follows: 
To  the  Board  of  Trustees: 

At  the  regular  meeting  of  the  Board  in  September  last  a  resolution  offered 
by  Mrs.  Flower  was  adopted  appointing  the  President  and  Business  Manager 
of  the  University  and  the  chairman  of  the  Committee  on  the  School  of  Medi- 
cine a  special  committee  to  confer  with  representatives  of  the  College  of  Phy- 
sicians and  Surgeons  and  ' '  ascertain  what  terms  can  be  arranged  for  the  perma- 
nent union  of  the  University  with  the  College  of  Physicians  and  Surgeons 
upon  the  basis  of  the  University  ultimately  acquiring  the  title  to  the  property 
of  said  College." 

After  many  conferences  with  a  committee  of  the  College  of  Physicians  and 
Surgeons,  extending  through  the  fall  months,  the  committee  reported  to  the 
Board  on  December  19th,  a  tentative  agreement  designed  to  accomplish  the 
object  in  view.  Action  upon  this  was  deferred  until  January  10th.  At  that 
time  the  matter  was  thoroughly  discussed  and  some  important  modifications 
were  proposed  by  Mr.  Bullard  which  commended  themselves  to  the  Board  and 
it  was  thereupon  voted,  with  but  one  dissenting  member,  that  "it  is  advisable 
to  make  a  contract  with  the  College  of  Physicians  and  Surgeons  substantially 
on  the  basis  of  the  committee's  report,  revised  and  suggested  by  Mr.  Bullard;" 
and  Mr.  Bullard  and  Mrs.  Carriel  were  added  to  the  committee. 

Representatives  of  the  committee,  so  enlarged,  have  held  several  conferences 
with  representatives  of  the  College  of  Physicians  and  Surgeons  and  have  finally 
agreed  upon  the  details  of  a  contract  which  has  been  carefully  put  in  form  by 
counsel  and  is  herewith  submitted. 

This  contract,  in  all  matters  save  one,  is  in  exact  accord  with  the  vote  of  the 
Board,  and  in  other  regards  is  more  favorable  to  the  University  than  the  Board 
required.  The  exception  relates  to  the  fixing  of  minimum  and  maximum 
amounts  to  be  paid  to  the  University  annually  from  the  net  earnings  of  the 
School  of  Medicine.  Upon  discussion  the  committee  concluded  that  the  pro- 
vision was  not  expedient  and  would  not  operate  advantageously,  and  it  was 
accordingly  eliminated. 

Briefly  stated  the  contract  provides:  (1)  That  the  value  of  the  real  and 
personal  property,  equipment,  and  good  will  of  the  College  of  Physicians  and 
Surgeons,  is  for  the  purpose  of  this  agreement,  $217,000:  (2)  That  this  entire 
property  shall  be  leased  to  the  University  for  the  term  of  twenty-five  years,  or 
until  the  termination  of  the  agreement,  at  $12,000  per  year  and  taxes  and 
assessments;  (3)  That  the  net  earnings  shall  in  the  meantime  belong  to  the 
two  institutions  and  that  out  of  what  has  accrued  under  the  lease  now  in  force 
the  University  shall  have  and  own  $8,000  and  the  College  the  remainder,  and 

3 


7- 


that  under  the  new  agreement  the  University  shall  have  one-third  and  the 
stockholders  of  the  College  two-thirds  of  the  net  earnings:  (4)  That  the  College 
shall  forthwith  make  a  sufficient  conveyance  to  the  University  in  escrow  of  all 
its  property  and  good  will  and  shall  make  a  sufficient  conveyance  of  all 
p^poy •.>»!». which  may  hereafter  be  acquired:  (5)  That  the  share  of  the  Uni- 
ve,rsity  in  the  net  earnings  shall  be  paid  annually  in  cash  and  be  set  apart  in  a 
•^ep'aakte  fund  for  the -purchase  of  the  property  and  kept  invested:  (6)  That 
^wb^ivthis  -fundjequals  the-  purchase  price  of  the  property  it  shall  be  paid  over 
and  the  conveyance  delivered  with  the  option  to  close  the  matter  out  by  paying 
the  existing  difference  in  cash  at  the  end  of  the  twenty-five  years  if  the  agree- 
ment shall  not  have -been  already  consummated:  (7)  That  during  the  continu- 
ance of  the  lease  the  right  of  initiative  as  to  the  policy  of,  and  appointments  in, 
the  College  shall  be  with  the  faculty  thereof,  including  the  President  of  the 
University,  but  that  ultimate  authority  shall  be  with  the  Board  of  Trustees; 
and  any  enlargement  of  expenditures  shall  be  by  concurrent  action:  (8)  That 
the'University  will  use  the  revenues  of  the  College  to  upbuild  the  same  and  ad- 
vance medical  science  without  being  confined  to  any  particular  branches  of 
sludy  or  methods  of  instruction:  (9)  That  the  College  shall  not  carry  on  any 
Tnedical  work  except  in  connection  with  the  University:  (10)  That  the  Um- 
versit>v  shall  not  be  bound  to  pay  any  moneys  whatever  in  connection  with  the 
iriatjter  except  out  of  the  revenues  of  the  College  of  Medicine. 

.  M,any  minor  details  have  claimed  close  attention  and  are  covered  by  the  formal 
agreement,  but  the  foregoing  is 'a  statement  of  all  points  believed  to  be  impor- 
tant.. 

In  a  word,  the  agreement  does  not  bind  the  State  in  a  financial  way  in  any 
respect,  and  it  is  confidently  expected  to  result  in  the  acquisition  of  a  valuable 
•property  and  good  will  by  the  State,  and  in  the  promotion  of  the  symmetrical 
organization  and  the  enhancement  of  the  general  usefulness  of  the  State  Unir 
yersity,  through  extending  the  influence  of  the  State  in  an  entirely  legitimate 
'and  commendable  way  to  the  advancement  of  medical  education;  and  there  are 
substantial  reasons  for  believing  that  this  may  be  completed  inside  of  twenty- 
five  years. 

,Th,e  Committee  recommends  that  the  Board  approve  the  subjoined  agree- 
-rnentu  and  authorize  the  proper  officers  to  execute  the  same  in  duplicate  on 
•behalf  of  the  University. 

February  9,  1900.  A,  S.  DRAPER, 

S.  W.  SHATTVCK,       . 
,     .  A..  F.  NIGHTINGALE, 

S.  A..  BULLARD. 

Committee. 

A'GfcfeEMEXT  BETWEEN*   THE  COLLEGE   OF   PHYSICIANS   AND   SURGEONS   OF  CHICAGO, 
ANb  THE  UNIVERSITY   OF   ILLINOIS. 

Wiir.c^scth:  That,  Whereas,  The  College  of  Physicians  and  Surgeons  of  the 
€iiy  of  Chicago,  and  the  University  of  Illinois,  did,  upon  the  first  day  of  April, 
.1&97,  enter  into  an 'agreement  whereby  the  property  and  effects  of  the  College 
of  Physicians  and  Surgeons  were  leased  to  the  University  of  Illinois  for  the 
period  of  four  years  from, the  twenty-first  day  of  April,  1897.  and  whereby  the 
s,aid  College  became  the  School  of  Medicine  of  the  said  University,  and, 

•Whereas,  Tft'e'  arrangement  set  forth  in  said  agreement  has  proved  satisfao 
lory  to  the -parties  and  mutually  advantageous  to  the  institutions  named  and 
to  the  interest  of  medical  education;  and, 

Whereas,  The  earnings  of  the  School  of  Medicine  under  the  arrangement  have 
exceeded  the  expense's  thereof ,  and  it  is  deemed  that  each  of  the  two  institutions 
fs' co  nil  ably  entitled  to  share  in  the  surplus  sum  arising  in  the  manner  and  for 
the  purposes  hereinafter  set  forth:  and. 


Whereas,  The  stockholders  of  the  College  of  Physicians  and  Surgeons,  being 
members  of  the  medical  profession  practicing  in  the  City  of  Chicago,  invested 
their  money  in  founding  a  medical  college  for  the  advancement  of  the  interests 
of  their  profession,  which  money  has  never  been  repaid  to  them;  and, 

Whereas,  The  surplus  earnings  of  the  College  of  Physicians  and  Surgeons 
under  the  management  of  the  University  of  Illinois  for  a  term  of  twenty-five 
(25)  years  or  thereabouts,  now  promise  to  assure  the  repayment  of  the  money  so 
put  into  a  new  and  uncertain  enterprise,  together  with  a  reasonable  compensa- 
tion for  the  use  thereof,  and  at -the  same  time  to  clear  the  property  of  said 
institution  of  liens,  incumbrances  and  indebtedness;  and, 

Whereas,  The  stockholders  of  said  College  of  Physicians  and  Surgeons  recog- 
nize the  equitable  interest  and  claim  of  the  University  of  Illinois  in  and  to  a 
part  of  the  surplus  earnings,  and 

Whereas,  The  College  of  Physicians  and  Surgeons  desire  after  such  reimburse- 
ment and  the  compensation  herein  provided  for  and  in  consideration  thereof, 
to  make  over  and  transfer  all  of  its  property  to  the  University  of  Illinois,  upon 
the  performance  of  the  contingencies  and  conditions  named  herein,  and  also 
earnestly  desire  to  secure  the  permanent  stability  and  vigorous  growth  of  the 
School  of  Medicine  along  the  most  scientific  lines,  to  the  end  that  it  may  in  the 
largest  measure  realize  the  great  and  beneficent  ends  for  which  the  College  of 
Physicians  and  Surgeons  was  founded,  and  believe  that  any  equities  of  the 
University  of  Illinois  will  be  met  and  the  purposes  of  -the  stockholders  of  the 
College  of  Physicians  and  Surgeons  be  most  fully  accomplished  by  the  agree- 
ment hereinafter  set  forth  looking  to  the  ultimate  permanent  transfer  of  the 
property  and  good  will  of  the  College  of  Physicians  and  Surgeons  to  the  Uni- 
versity of  Illinois,  believing  as  said  stockholders  do  that  the  State  of  Illinois 
and  the  University  of  Illinois  will  exercise  their  great  power  in  the  premises 
without  regard  to  the  interest  of  individuals,  parties,  or  classes,  and  for  the 
uplifting  of  medical  science  and  the  good  of  our  common  humanity. 

NOAV,  therefore,  to  fulfill  the  purposes  of  the  College  of  Physicians  and  Sur- 
geons and  the  University  of  Illinois  the  two  said  corporations  do  enter  into  the 
following  agreement,  to-wit: 

1.  This  indenture  is  made  this  ninth  day  of  February  in  the  year  of  Our 
Lord   One  Thousand  Nine   Hundred,  between  the  College  of   Physicians  and 
Surgeons,  a  corporation  duly  incorporated  and  existing  under  and  by  virtue 
of  the  laws  of  the  State  of  Illinois,  party  of  the  first  part,  and  the  University 
of  Illinois,  a  corporation  duly  incorporated  and  existing  under  and  by  virtue 
of  the  laws  of  the  State  of  Illinois,  party  of  the  second  part, — 

2.  That  the  said  party  of  the  first  part,  for  and  in  consideration  of  the 
covenants  and  agreements  hereinafter  mentioned,  to  be  kept  and  performed  by 
the  said  party  of  the  second  part,  has  demised  and  leased  to  the  said  party  of 
the  second  part  all  those  premises  lying  and  being  in  the  City  of  Chicago,  in  the 
County  of  Cook,  in  the  State  of  Illinois,  known  and  described  as  follows,  to-wit: 

Lots  Nos.  fifteen  (15),  sixteen  (16),  seventeen  (17)  and  eighteen  (18),  in 
Balestier's  Sub-division  of  Block  No.  twenty-three  (23)  in  Ashland  Second 
Addition  to  Chicago,  as  by  a  plat  of  Sub-divisions  entitled  "Balestier's  Sub- 
division of  Blocks  eleven  (11),  part  of  fourteen  (14),  eighteen  (18),  east 'half 
of  nineteen  (19)  and  twenty-two  (22),  and  all  of  twenty-three  (23)  in  Ashland 
Second  Addition  to  Chicago."  The  said  plat  of  sub-divisions  having  been  re- 
corded in  the  recorder's  office  of  Cook  County,  in  the  State  of  Illinois,  in  Book 
166  of  Maps,  pages  70  and  71,  and  recorded  in  the  same  office  in  Book  14  of 
Plats,  page  85. 

To  have  and  to  hold  the  said  above  described  premises  with  the  appurten- 
ances thereunto  belonging,  together  with  the  property  described  in  the  schedule 
hereto  attached,  marked  "Schedule  A,"  (which  schedule  bears  the  signature 
of  D.  A.  K.  Steele,  President  of  the  College  of  Physicians  and  Surgeons,  and 


S.  W.  Shattuck,  on  behalf  of  the  University  of  Illinois,  for  the  purpose  of 
identification)  unto  the  said  party  of  the  second  part,  from  the  first  day  of  May, 
in  the  year  of  Our  Lord  One  Thousand  Nine  Hundred  for  and  during  and  until 
the  thirtieth  day  of  April  in  the  year  of  Our  Lord  One  Thousand  Nine  Hundred 
and  Twenty-five. 

3.  And  the  said  party  of  the  second  part,  for  and  in  consideration  of  the 
leasing  of  the  premises  aforesaid,  by  said  party  of  the  first  part  to  said  party  of 
the  second  part,  and  also  for  and  in  consideration  of  the  covenants  and  agree- 
ments hereinafter  contained,  to  be  kept  and  performed  by  the  said  party  of  the 
first  part,  its  successors  and  assigns,  covenants  and  agrees  to  pay  to  said  party 
of  the  first  part,  as  rent  for  said  premises  and  property  for  said  period  of  twenty- 
five    (25)    years,   the   sum   of   three   hundred   thousand    ($300,000.00)    dollars, 
being  an  annual  rental  of  twelve  thousand  ($12,000.00)  dollars,  to  be  paid  by 
the  said  party  of  the  second  part  to  the  said  party  of  the  first  part  in  semi- 
annual installments  as  follows:    The  sum  of  six  thousand  ($6,000.00)  dollars 
at  the  end  of  each  six  months  of  the  term  of  this  lease :    Provided,  however,  that 
the  party  of  the  second  part  shall  not  be  required  to  pay  said  rental  to  said 
party  of  the  first  part,  except  out  of  the  net  earnings  of  the  School  of  Medicine, 
that  is,  the  net  earnings  that  remain  after  all  other  expenditures,  except  the 
payment  of  said  installments  of  rental  under  this  lease,  and  Provided  further, 
that,  if  this  lease  under  the  terms  hereof  shall  not  terminate  at  the  end  of  the 
twenty-five  (25)  years,  then  said  rental  of  twelve  thousand  ($12,000.00)  dollars 
a  year  shall  continue  to  be  paid  in  the  same  way  and  under  the  same  conditions 
until  said  lease  shall  be  terminated  under  the  provisions  hereof. 

4.  It  is  hereby  further  covenanted  and  agreed  by  and  between  the  parties  here- 
to ,  that  the  real  estate  hereinbefore  described  and  the  personal  property  set  forth  in 
Schedule  A,  comprise  all  of  the  real  estate,  furniture,  apparatus,  equipment, 
books,  drugs  and  other  effects  of  the  party  of  the  first  part  hereto,  hereby 
leased  and  covenanted  to  be  conveyed  according  to  the  terms  and  provisions  of 
this  instrument. 

5.  And  said  party  of  the  second  part  further  covenants  and  agrees  to  pay 
(in  addition  to  the  rents  above  specified)  all  water  rents,  taxes,  and  assessments 
of  every  kind  which  may  be  levied  or  charged  on  or  against  said  premises  for 
and  during  the  term  for  which  this  lease  is  in  force,  and  save  the  premises  and 
the  said  party  of  the  first  part  harmless  therefrom;  and  that  the  said  second 
party  will  keep  said  premises  in  a  clean  and  wholesome  condition,  in  accordance 
with  the  ordinances  of  the  City  of  Chicago  and  directions  of  the  health  officers. 
Provided  that  these  said  charges  be  paid  out  of  the  earnings  of  the  School  of 
Medicine  the  same  as  is  specified  for  the  payment  of  rent,  in  article  3  of  this 
agreement.     And  it  is  further  agreed  that  all  plumbing,  water  pipes,  gas  pipes, 
and  sewerage  shall  be  at  the  risk  of  said  second  party. 

6.  It  is  agreed  by  and  between  the  parties  hereto,  for  the  purposes  of  this 
instrument,  that  the  value  of  the  real  estate,  equipments,  and  good  will  and 
property  of  all  kinds  hereinbefore  described  and  referred  to  in  Schedule  A  and 
and  belonging  to  said  party  of  the  first  part  is  two  hundred  and  seventeen 
thousand  ($217,000.00)  dollars,  and  that  said  sum  is  agreed  upon  as  the  price  at 
which  the  same  shall  be  purchased  by  the  said  party  of  the  second  part  as 
hereinafter  provided. 

7.  It  is  hereby  further  agreed  by  and  between  the  parties  hereto  that  the 
term  "net  earnings"  used  in  this  instrument  shall  mean  all  that  sum  remaining 
of  the  gross  earnings  of  the  College  of  Medicine  for  any  year  after  the  payment 
of  all  current  expenses  including  all  sums  herein  named  as  contingent  rental 
payable  to  the  College  of  Physicians  and  Surgeons. 

8.  It  is  further  agreed  between  the  parties  hereto  that  the  net  earnings  of 
the  College  of  Medicine  shall  belong  to  the  College  of  Physicians  and  Surgeons 
and  the  University  of  Illinois,  and  shall  be  divided  semi-annually  as  follows, 


to-wit:  On  the  fifteenth  day  of  November  and  the  fifteenth  day  of  May  of 
each  year,  not  including  May  of  the  first  year,  and  on  the  thirtieth  day  of  April 
in  the  final  year  of  this  lease,  the  Business  Manager  of  the  University  of  Illinois 
and  the  Actuary  of  the  College  of  Medicine  shall  determine  the  net  earnings  for 
the  then  current  or  expiring  year  and  two-thirds  of  said  net  earnings  shall  be 
paid  to  the  Treasurer  of  the  College  of  Physicians  and  Surgeons  and  one-third 
shall  remain  in  the  hands  of  the  Treasurer  of  the  University  of  Illinois,  as  in  the 
paragraph  next  below  agreed.  Provided,  however,  that  on  the  fifteenth  day  of 
November  of  each  year,  only  so  much  of  said  net  earnings  shall  be  divided  as 
the  Business  Manager  of  the  University  of  Illinois  and  the  Actuary  of  the 
College  of  Medicine  shall  decide  may  not  be  needed  to  meet  the  estimated  current 
expenses  of  the  College  of  Medicine  for  the  succeeding  six  months. 

9.  It  is  further  agreed  by  and  between  the  parties  hereto,  that  the  University 
of  Illinois  shall  set  apart  that  portion  of  the  net  earnings  of  the  College  of  Medi- 
cine belonging  to  the  University  of  Illinois  under  the  division  aforesaid  in  a 
distinct  and  separate  fund  called  the  Medical  College  Purchase  and  Endowment 
Fund,  and  that  the  University  of  Illinois  shall  keep  the  moneys  of  said  fund, 
including  the  annual  interest  thereon,  continually  invested  in  interest  bearing 
securities  till  the  completion  of  the  life  of  this  lease  and  the  conclusion  of  the 
purchase  of  the  property  and  good  will  of  the  College  of  Physicians  and  Sur- 
geons as  provided  for  in  this  agreement,  and  except  as  hereinafter  provided  for 
for  the  payment  of  the  mortgage  indebtedness  of  the  College  of  Physicians  and 
Surgeons. 

10.  It  is  further  understood  and  agreed,  that  the  stockholders  of  the  College 
of  Physicians  and  Surgeons  and  said  corporation  have  agreed  to  sell  and  transfer, 
and  do  hereby  agree  to  sell  and  transfer  to  the  University  of  Illinois,  and  the 
University  of  Illinois  has  agreed  and  does  hereby  agree  to  purchase  all  the 
rights,  title,  and  interest  of  the  College  of  Physicians  and  Surgeons  in  all  its 
real  estate  described  in  section  2  of  this  agreement  and  the  equipments  and  good 
will  and  property  of  all  kinds  hereinbefore  described  and  referred  to  in  Schedule 
A,  free  from  all  incumbrances  and  liens  for  the  sum  of  two  hundred  and  seventeen 
thousand  ($217,000.00)  dollars,  the  said  transfer  to  be  made  on  the  first  day  of 
May  in  the  year  of  Our  Lord  one  thousand  nine  hundred  and  twenty-five,  if  the 
amount  of  the  Medical  College  Purchase  and  Endowment  Fund  described  in 
section  9  above  shall  at  that  date  have  amounted  to  the  purchase  price  pro- 
vided for  and  agreed  to  in  this  instrument.     And  it  is  further  agreed  by  and  be- 
tween the  parties  hereto,  that  if  the  amount  of  the  said  Medical  College  Purchase 
and  Endowment  Fund  shall  not  at  that  date  equal  the  amount  of  the  purchase 
price  herein  provided  for,  then  this  lease  shall  continue  from  year  to  year  until 
the  amount  of  the  Medical  College  Purchase  and  Endowment  Fund,  through 
its  periodical  divisions  of  one-third  of  the  net  earnings  of  the  College  of  Medicine, 
with  interest  which  shall  accrue  thereon,  shall  amount  to  the  full  purchase  price 
of  the  property  of  the  College  of  Physicians  and  Surgeons  under  the  provisions 
of  this  agreement. 

It  is  provided,  however,  and  hereby  agreed,  by  and  between  the  parties  hereto 
that  at  the  end  of  the  twenty-five  (25)  year  term  provided  for  in  this  instrument, 
the  University  of  Illinois  shall  have  at  that  time  the  right  and  option  to  pay  the 
full  purchase  price  of  the  property  and  good  will  of  the  College  of  Physicians  and 
Surgeons  remaining  unpaid,  either  out  of  the  Medical  College  Purchase  and 
Endowment  Fund,  or  out  of  any  other  moneys  at  its  command,  upon  the  condi- 
tion that  said  University  of  Illinois  shall  at  least  a  year  prior  to  the  expiration 
of  said  term  of  twenty-five  (25)  years,  notify  said  College  of  Physicians  and 
Surgeons  of  its  election  to  pay  said  purchase  price  in  full,  and  upon  the  condition 
that  said  option  and  election  shall  be  exercised  at  that  time,  that  is,  at  the  time 
when  said  period  of  twenty-five  (25)  years  shall  have  expired,  and  upon  such 
payment  at  said  time  by  said  University  of  Illinois  the  deeds  to  said  properties 
of  the  College  of  Physicians  and  Surgeons  bearing  even  date  herewith  and  held 


8 

in  escrow  by  the  Secretary  of  State  of  the  State  of  Illinois,  shall  be  delivered  to 
said  University  of  Illinois. 

It  is  further  provided  that  on  the  same  date  as  that  of  the  execution  of  this 
agreement  a  deed  of  the  property  of  the  College  of  Physicians  and  Surgeons, 
with  all  its  equipments  and  good  will,  shall  be  duly  executed  by  said  College 
of  Physicians  and  Surgeons  conveying  the  same  to  the  University  of  Illinois, 
subject  only  to  its  present  mortgage  indebtedness,  said  deed  to  be  held  in 
escrow,  by  the  Secretary  of  State  of  the  State  of  Illinois,  until  such  time  as  the 
University  of  Illinois  shall  have  paid  the  full  purchase  price  of  the  property 
herein  provided  to  be  sold,  upon  the  completion  of  which  payment  such  deed 
shall  be  delivered  to  the  Trustees  of  the  University  of  Illinois. 

It  is,  however,  further  agreed  by  and  between  the  parties  hereto,  that  the  Uni- 
versity of  Illinois  shall  pay  out  of  the  said  Medical  College  Purchase  and  Endow- 
ment Fund  from  year  to  year  as  it  is  earned,  the  mortgage  indebtedness  of  the 
College  of  Physicians  and  Surgeons  now  existing  until  the  same  shall  have  been 
fully  discharged,  and  interest  on  the  amount  of  said  payments  shall  be  allowed 
to  the  party  of  the  second  part  at  the  rate  of  four  (4)  per  cent,  per  annum,  and 
shall  be  paid  by  the  party  of  the  first  part  to  the  party  of  the  second  part 
annually  in  cash,  and  the  party  of  the  second  part  will  add  such  payments  of 
interest  to  the  said  Medical  College  Purchase  and  Endowment  Fund. 

Said  mortgage  indebtedness  is  fully  set  forth  in  Schedule  B  hereto  attached 
(which  said  Schedule  B  bears  the  signature  of  D.  A.  K.  Steele,  President  of  the 
College  of  Physicians  and  Surgeons,  and  S.  W.  Shattuck,  on  behalf  of  the 
University  of  Illinois,  for  the  purpose  of  identification). 

It  is  further  agreed  by  and  between  the  parties  hereto,  that  no  other  or  further 
indebtedness  shall  be  incurred  by  the  party  of  the  first  part  without  the  written 
consent  of  the  party  of  the  second  part. 

11.  It  is  further  agreed  by  and  between  the  parties  hereto  that  the  Medical 
College  Purchase  and  Endowment  Fund  of  the  University  of  Illinois  shall  be 
held  inviolable  and  applied  only  as  herein  provided,  and  at  the  close  of  the  lease 
herein  entered  into,  on  the  first  day  of  May,  in  the  year  of  Our  Lord  One  Thous- 
and Nine  Hundred  and  Twenty-five,  be  applied  to  the  payment  of  the  purchase 
price  of  the  property  of  the  College  of  Physicians  and  Surgeons  herein  leased, 
and  the  surplus,  if  any,  shall  be  expended  as  may  be  necessary  in  the  purchase 
of  further  grounds,  buildings,  and  equipments  for  the  College  of  Medicine  of  the 
University:  Provided,  that,  if  on  the  date  of  May  first,  1925,  there  are  not  suf- 
ficient funds  in  the  said  Medical  College  Purchase  and  Endowment  Fund  to 
pay  for  such  purchase  then  said  lease  shall  be  extended  from  year  to  year  and 
the  day  for  the  purchase  of  said  property  of  the  College  of  Physicians  and  Sur- 
geons and  for  the  payment  for  the  same  shall  be  deferred  till  the  thirtieth  day 
of  April  next  after  the  said  fund  shall  have  increased  so  as  to  be  equal  to  the  said 
amount:  And,  provided  further,  if  the  purchase  price  of  two  hundred  and  seven- 
teen thousand  ($217,000)  dollars  agreed  upon  shall  have  been  increased  hv 
accordance  with  and  in  consequence  of  the  provisions  herein  providing  for  the 
increase  of  said  purchase  price  then  the  payment  provided  for  herein  shall  be 
made  and  the  transfer  of  said  property  be  made,  and  the  delivery  of  the  deed 
held  in  escrow  shall  be  made  to  the  Trustees  of  the  University  of  Illinois,  when 
the  sum  in  said  Medical  College  Purchase  and  Endowment  Fund  shall  be  equal 
to  the  purchase  price  increased  as  herein  provided  for  and  paid  over  to  the 
College  of  Physicians  and  Surgeons,  unless  said  purchase  price  shall  be  paid  in 
full  tipon  the  expiration  of  the  term  herein  demised,  and  it  is  further  under- 
stood and  agreed  that  on  the  payment  of  the  purchase  price  herein  stated  the 
College  of  Physicians  and  Surgeons  shall  convey  by  good  and  sufficient  deed  to 
the  University  of  Illinois  all  of  said  properties,  equipments,  and  good  will,  and  also 
all  additional  properties  and  equipments  acquired  under  the  terms  of  this 
agreement. 


12.  It  is  further  agreed  by  and  between  tjae.  parties  hereto,  that  the  College 
of  Physicians  and  Surgeons,-  after  being  authorized  to  do  so  by  the  Boaici,.  q>£ 
Trustees  of  the  University  of  Illinois,  may  purchase  additional  lands  and  con- 
struct or  purchase  additional  buildings,  acquire  additional  equipment,  or  ni4ke 
other  permanent  improvements  for  the  purposes  of  the  College  of  Medicin,e."at  <a 
cost  stated  in  the  a,ct,  resolution,  or  permit  of  the  Board  of  Trustees  'of Vt^e 
University  when  the  said  improvements  or 'purchases  are  Authorized;  "PrQ- 
vidcd,  that  the  cost  of  said  several  purchases,  improvements,  arid  equipments 
^hall  be  agreed  upon  and  stated  in  the  act,  resolution,  or  permit  of  the  Board'  of 
Trustees  authorizing  the  said  several  purchases,  improvements,  and  equipments: 
and,  Provided  further,  that  the  improvements  shall  be  made  under  the  super- 
vision of  the  Board  of  Trustees  of  the  University  of  Illinois,  and  the  actual  codt 
thereof  shall  be  audited  by  the  Board  of  Trustees  of  the  University  of  Illinois, 
and  entered  upon  its  records. 

:'  And  it  'is  further  agreed,  That  the  purchase  price  of  two  hundred  and  seventeen 
thousand  (§217,000)  dollars  stated  herein  shall  be  increased  by  such  amount 
or  amounts  actually  expended  by  the  College  of  Physicians  and  Surgeons  in  said 
purchases,  improvements,  and  equipments,  and  audited  and  approved  by  said 
Board  of  Trustees  of  the  University  of  Illinois. 

And  provided  further,  That  no  increase  shall  be  made  in  the  said  purchase  price' 
of  two  hundred  and  seventeen  thousand  ($217,000)  dollars  for  any  expenditure 
or  expenditures  not  authorized  by  the  Board  of  Trustees  of  the  University  of 
Illinois' as  herein  stipulated.  And  it  is  further  agreed  by  and  between  the  parties 
hereto,  that  in  case  the  College  of  Physicians  and  Surgeons  shall  make  purchases 
ot  improvements  as  provided  for  herein  that  the  amount  of  annual  rental 
stated  in  this  agreement  shall  be  increased  by  an  amount  equal  to  four  (4)  .per 
cent  of  the  amount  or  amounts  of  the  actual  cost  of  the  said  purchases,  improve- 
ments and  equipments! 

13.  It  is  further  agreed  by  and  between  the  parties  hereto,  that  the  Univer- 
sity of  Illinois,  with  the  approval  of  the  Board  of  Directors  of  the  College  of 
Physicians    and    Surgeons,    may   purchase   lands    and    construct    or   purchase 
buildings  or  equipments  for  the  purposes  of  the  College  of  Medicine,  paying  for 
the  same  out  of  funds  other  than  the  earnings  of  the  College  of  Medicine,  and  in 
such  case  it  is  agreed  that  the  College  of  Physicians  and  Surgeons  will  deduct 
from  the  annual  rental  due  it  from  the  University  of  Illinois  a  sum  equal  to  four 
(4)  per  cent  of  the  costs  of  such  lands,  buildings  and  equipments. 

14.  It  is  herebv  further  agreed  by  and  between  the  parties  hereto  that  a 
working  fund  of  eight  thousand  (88,000.00)  dollars  shall  be  established  by  the 
College  of  Physicians  and  Surgeons  on  or  before  the  first  day  of  May,   1900, 
which  shall  be  the  property  of  the  University  of  Illinois,  under  the  provisions 
of  this  instrument  for  current  expenses  only  of  the  College  .of  Medicine,  and 'that 
said  fund  of  eight  thousand  ($8,000.00)  dollars  shall  be  replenished  so  as 'to 
bring  it  to  that  amount,  out  of  the  gross  earnings  of  the  College  of  Medicine 
upon  the  first  day  of  May  of  each  year  during  the  life  of  this  lease. 

/       15.     And  the  said  party  of  the  second  part  further  agrees  with  the  said  party 

/    cf  the  first  part  that  said  second  party  will,  during  the  term  of  this  lease,  conduct 

/      and  carry  on  upon  the  premises  hereinbefore  described  a  College  of  Medicine  and 

/        Surgery,  and  no  other  school  or  business  whatever,  and  that  it  will  continue 

/         during  the  said  term  to  use  the  name  "College  of  Physicians  and  Surgeons"  in 

connection  with  the  term  "College  of  Medicine  of  the  University  of  Illinois,'* 

as  the  name' and  designation  of  said  College. 

16.  And  it  is  further  agreed  by  and  between  the  parties  hereto  as  one  of  the 
conditions  and  considerations  of  this  lease  that  the  University  of  Illinois. sha]l 
not  establish  or  become  identified  with  any  other  College  or  School  of  Medicine, 
or  Medical  Business  or  Department  of  any  kind  other  than  the  College  of  Medi- 
cine herein  referred  to  during  the  life  of  this  lease.  But  this  shall  not  be  inter- 


10 

preted  as  prohibiting  the  introduction  into  the  curriculum  of  the  College  of 
Medicineof  any  branch  of  study  or  method  of  instruction  not  now  included  therein. 

17.  It  is  further  agreed  by  and  between  the  parties  hereto  that  the  Faculty 
of  the  College  of  Medicine,  during  the  life  of  this  lease,  shall  be  made  up  of  the 
President  of  the  University,  and  the  Professors,  Associate  Professors,  Adjunct 
Professors,  and  Lecturers  belonging  to  the  corps  of  instruction  of  the  College  of 
Medicine  and  shall  be  known  as  the  Teaching  Faculty  of  the  College  of  Medicine. 

18.  And  it  is  further  agreed  by  and  between  the  parties  hereto  that  during 
the  life  of  this  lease  the  President  of  the  University  and  such  members  of  the 
Teaching  Faculty  of  the  College  of  Medicine  as  hold  and  own  twenty  or  more 
'shares  of  stock  in  the  College  of  Physicians  and  Surgeons,  shall  constitute  the 
Executive  Faculty  of  the  College  of  Medicine. 

19.  It 'is  further  agreed  by  and  between  the  parties  hereto  that  during  the 
life  of  this  lease  the  Executive  Faculty  of  the  College  of  Medicine  shall  have  an 
advisory  relation  to  the  President  and  Business  Manager  of  the  University,  and 
to  the  Board  of  Trustees  with  respect  to  all  matters  appretaining  to  the  College 
•of  Medicine.      It  shall  annually  nominate  to  the  Board  of  Trustees  through  the 
President  of  the  University  from  its  membership  a  Dean,  an  Actuary,  and  a 
Secretary  for  the  College  of  Medicine. 

There  shall  also  be  reserved  to  the  Executive  Faculty  the  right  to  nominate 
in  like  manner  candidates  to  fill  vacancies  in  the  corps  of  instruction,  and  it 
shall  in  like  manner  cooperate  with  the  University  of  Illinois  in  determining  the 
•educational  policy  of  the  School. 

Further,  the  Dean,  with  the  advice  and  consent  of  the  Executive  Faculty, 
shall  recommend  as  occasion  may  arise,  the  acceptance  of  resignations,  or  dis- 
missals from  the  corps  of  instruction,  and  shall  in  like  manner,  from  time  to 
time,  recommend  discontinuance  or  establishment  of  chairs  of  instruction,  or 
the  change  of  title  of  any  chair. 

It  is  further  provided,  however,  that  should,  the  Board  of  Trustees  of  the 
University  not  be  able  to  secure  from  the  said  Executive  Faculty,  by  a  majority 
vote  thereof,  the  nomination  of  a  person  who  is,  in  the  judgment  of  the  Board 
of  Trustees,  qualified  and  suitable  to  fill  the  office  of  Dean,  or  one  who  is  quali- 
fied and  suitable  to  fill  the  office  of  Actuary,  or  one  who  is  qualified  and  suitable 
to  fill  the  office  of  Secretary,  or  one  who  is  qualified  and  suitable  to  fill  any  vacancy 
In  a  teaching  position  for  which  the  Executive  Faculty  is  empowered  to  make 
nominations,  then,  and  in  that  case,  the  Board  of  Trustees  may  direct  the  Teach- 
ing Faculty  of  the  College  of  Medicine  to  nominate  a  person  who  shall  be  quali- 
fied and  suitable  to  fill  such  vacancy;  and  in  case  the  Teaching  Faculty,  by  a 
majority  vote  thereof,  shall  fail  to  nominate  a  person  qualified  and  suitable 
in  the  judgment  of  the  Board  of  Trustees  to  fill  such  vacancy,  then,  in  that  case, 
the  Board  of  Trustees  may  proceed  to  elect  such  a  person  to  fill  such  vacancy 
without  reference  to  any  nomination  on  the  part  of  the  Faculty  for  such  office 
or  such  teaching  position. 

20.  It  is  further  agreed  by  and  between  the  parties  hereto,  that  the  Actuary 
shall,  with  the  advice  and  consent  of  the  Executive  Faculty,  recommend  the 
rate  or  compensation  to  be  paid  to  any  member  of  the  corps  of  instruction,  or 
to  any  officer  or  employe  of  the  College  of  Medicine.      He  shall,  under  the  same 
•conditions,  recommend  in  what  manner  and  in  what  amount  other  sums  from 
the  treasury  of  the  College  of  Medicine  shall  be  expended  on  its  account. 

Nevertheless,  the  Board  of  Trustees  may  decide  to  pay  to  any  officer,  teacher, 
or  employe,  a  salary  which  shall  be  less  in  amount  than  that  recommended  by 
the  Actuary  and  the  Executive  Faculty  to  be  paid  to  any  such  person,  but  may 
not  increase  such  salary,  to  be  paid  out  of  the  working  fund  above  provided  for, 
or  out  of  the  earnings  of  the  College  of  Medicine,  beyond  the  sum  thus  recom- 
mended. 

Expenditures  recommended  by  the  Actuary  and  the  Executive  Faculty  to 


II 


be  paid  out  of  the  working  fund  or  earnings  of  the  College  of  Medicine,  for  any 
purpose  other  than  the  payment  of  salaries,  may  be  approved,  disapproved  or 
reduced  in  amount  by  the  Board  of  Trustees,  but  may  not  be  increased  beyond 
the  sums  named  in  such  recommendations. 

21.  It  is  further  agreed  by  and  between  the  parties  hereto,  that  any  change 
in  the  tuition  and  other  fees  now  in  vogue  in  the  School  of  Medicine,  hereafter 
to  be  known  as  the  College  of  Medicine,  shall  be  the  subject  of  recommendation 
by  the  Executive  Faculty  to  the  Board  of  Trustees,  and  by  such  Board  be 
approved  or  disapproved. 

22.  It  is  hereby  agreed  by  and  between  the  parties  hereto,  that  after  the 
expiration  of  this  lease,  and  the  purchase  of  the  properties  mentioned  in  this 
instrument  by  the  University  of  Illinois,  the  party  of  the  first  part,  in  view  of 
the  conveyance  of  its  good  will  as  provided  for  in  this  agreement,  shall  not 
thereafter  conduct  a  Medical  College  or  School,  or  do  any  other  business  in  that 
line. 

23.  It  is  further  agreed  and  provided  by  and  between  the  parties  hereto,  that 
this  lease  shall  not  be  assignable  by  the  University  of  Illinois  during  the  life  of 
this  lease. 

24.  It  is  further  stipulated  and  agreed  between  the  parties  hereto,  that  if  ary 
stipulation,  covenant,  or  agreement  herein  contained  is  in  excess  of  or  beyond 
the  corporate  powers  of  either  of  said  parties  such  fact  shall  in  no  wise  impair 
or  affect  the  validity  of  this  instrument  or  the  rights  of  said  parties  hereunder, 
and  that  this  instrument  and  the  rights  cf  the  parties  under  it  shall  be  construed 
to  be  the  same  as  they  would  have  been  if  everything  herein  contained  in  excess 
of  or  beyond  the  corporate  powers  cf  cither  party  had  been  omitted  therefrom. 

In  witness  whereof,  the  undersigned  officers  of  the  respective  parties  hereto, 
authorized  by  resolution  of  their  respective  Boards,  and  also  a  committee 
appointed  by  the  party  of  the  first  part,  consisting  of  D.  A.  K.  Steele,  Oscar  A. 
King,  John  B.  Murphy,  and  William  E.  Quine  have  hereunto  attached  their 
signatures  as  official  representatives  of  the  parties  hereto  and  the  corporate 
seals  of  said  parties  at  the  City  of  Chicago  in  the  State  of  Illinois,  on  the  ninth 
day  of  February,  A.  D.  1900. 


f  D.  A.  K.  STEELE, 
Committee,  J  OSCAR  A.  KING,  V.  Pres. 
]  JOHN  B.  MURPHY, 
(  WM.  E.  QUINE. 


SEAL] 
SEAL] 
SEAL] 
SEAL] 


[Seal  of  College  of  THE  COLLEGE  OF  PHYSICIANS  AND  SURGEONS,    • 

Physicians  and  OF  CHICAGO,  BY  D.  A.  K.  STEELE,  Pres.  [SEAL] 

Surgeons.]  WM.  ALLEN  PUSEY,  Secretary.  [SEAL] 

UNIVERSITY  OF  ILLINOIS, 

[Seal  of  the  University  BY  ALEXANDER  MCLEAN,  Pres.  [SEAL] 

of  Illinois.]  W.  L.  PILLSBURY,  SECRETARY,. 

Board  of  Trustees,  University  of  111.       [SEAL] 

STATE  OF  ILLINOIS,    ] 

>  ss. 
COUNTY  OF  COOK.    J 

I.  E.  Evelyn  Ballard,  a  Notary  Public,  in  and  for  said  county  and  State 
aforesaid,  do  hereby  certify  that  on  this  ninth  day  of  February,  A.  D.  1900, 
personally  appeared  before  me,  D.  A.  K.  Steele,  Oscar  A.  King,  Wm.  E.  Quine, 
D.  A.  K.  Steele,  President,  and  Wm.  Allen  Pusey,  Secretary,  of  the  College  of 
Physicians  and  Surgeons,  and  Alexander  McLean,  President,  and  W.  L.  Pills- 
bury,  Secretary,  of  the  Board  of  Trustees  of  the  University  of  Illinois,  to  me 
personally  known  to  me  to  be  the  same  persons  who  executed  the  foregoing 


12 

instrument,  and  severally  acknowledged  that  they  had  executed  the  same  for 
the  purposes  therein  set  forth. 

In  witness  whereof,  I  have  hereunto  set  my  hand  and  seal  the  day  and  year 
above  written. 

E.  EVELYN  BALLARD, 
[Notary  Seal]  Notary  Public. 

STATE  OF  ILLINOIS,   1 

\  ss. 
COUNTY  OF  COOK.    J 

I,  E.  Evelyn  Ballard,  a  Notary  Public,  in  and  for  said  county  and  State  afore- 
said, do  hereby  certify  that  on  this  twelfth  day  of  February,  A.  D.  1900,  per- 
sonally appeared  before  me  John  B.  Murphy,  to  me  personally  known  to  me  to 
be  the  same  person  who  executed  the  foregoing  instrument,  and  acknowledged 
that  he  had  executed  the  same  for  the  purposes  therein  set  forth. 

In  witness  whereof,  I  have  hereunto  set  my  hand  and  seal  the  day  and  year 
above  wrictcn. 

E.  EVELYN  BALLARD, 
[NOTARY  SEAL.]  Notary  Public. 

SCHEDULE   B. 

The  following  is  a  full  and  complete  schedule  of  all  the  liabilities  of  the  College 
of  Physicians  and  Surgeons  existing  at  the  present  date : 

First — A  loan  of  twenty-five  thousand,  ($25,000.00)  dollars  due  Hetty  Green, 
December,  1901,  secured  by  mortgage  on  the  property  of  the  College  of  Physi- 
cians and  Surgeons. 

Second — Bonds  secured  by  second  mortgage  to  the  amount  of  fifteen  thousand 
($15,000.00)  dollars,  due  December,  1905. 

Third — Also  twenty-five  thousand  ($25,000.00)  dollars  in  bonds,  secured  by 
mortgage,  due  December,  1912. 

Fourth — A  note  for  two  thousand  ($2,000.00)  dollars,  running  to  Dr. — 
Trott,  due  December,  1900. 

Fifth — And  finally,  three  thousand,  seven  hundred  ($3,700.00)  dollars,  due 
D.  A.  K.  Steele  for  cash  advancement,  and  unsecured. 

Making  a  total  of  seventy  thousand,  seven  hundred  ($70,700.00)  dollars. 

For  the  purpose  of  identification  witness  our  signatures  hereto. 

D.  A.  K.  STEELE,  President, 
February  9,  1900.  S.  W.  SHATTUCK. 

Mr.  Smith  moved  that  the  report  of  the  committee  be  received  and  adopted 
and  that  the  President  and  Secretary  of  the  Board  of  Trustees  of  the  University 
of  Illinois  be  instructed  to  execute  in  duplicate  the  contract  reported,  and  it  was 
so  ordered.  [Rept.  of  Univ.  of  Illinois,  20,  pp.  245-254.] 

SETTLEMENT  WITH  THE  COLLEGE  OF   PHYSICIANS  AND  SURGEONS. 

As  instructed  at  the  last  meeting  of  the  Board,  the  Business  Manager,  Pro- 
fessor S.  W.  Shattuck,  presented  the  following  recommendations  with  regard  to 
a  settlement  with  the  College  of  Physicians  and  Surgeons  under  the  present 
agreement : 

UNIVERSITY  OF  ILLINOIS,  April  17,  1900. 

To  the  Board  of  Trustees  of  the  University  of  Illinois. 

GENTLEMEN:  Pursuant  to  your  directions  I  recommend  the  following  rules 
in  the  settlement  of  the  present  agreement  with  the  College  of  Physicians  and 
Surgeons,  which  ends  May  1,  1900,  and  the  putting  in  force  of  the  new  one 
which  begins  on  that  date : 


13 

1.  The  Actuary  of  the  College  of  Physicians  and  Surgeons,  and  the  Business 
Manager  of  the  University,  shall  audit  the  receipts  and  expenses  of  the  School 
of  Medicine  of  the  University  up  to  and  including  April  30,  1900. 

2.  The  excess  of  receipts  over  expenses  shall  be  paid  to  the  College  of  Physi- 
cians and  Surgeons  if  the  inventory  called  for  in  rule  five  be  accepted  as  meeting 
the  requirements  of  the  first  lease. 

3.  All  bills  which  may  be  presented  after  this  settlement  that  belong  to  the 
operation  of  the  School  of  Medicine  under  the  lease  that  expires  May  1,  1900, 
shall  be  audited  and  paid,  if  allowed,  by  the  College  of  Physicians  and  Surgeons, 
and  all  receipts  from  accounts  due  for  the  same  time  are  to  be  turned  over  to  the 
College  of  Physicians  and  Surgeons;  but  it  is  understood  that  the  fees  from 
students  for  the  session  that  begins  in  April  of  1900,  come  under  the  new  agree- 
ment. 

4.  The  Treasurer  of  the  University  is  hereby  authorized  to  receive  and  re- 
ceipt for  the  working  fund  of  $8,000.00  that  is  provided  for  in  the  new  agree- 
ment, and  this  payment  is  to  be  made  at  the  time  that  the  payment  of  the  excess 
of  receipts  over  expenses  is  made. 

5 .  An  inventory  of  all  the  property  corresponding  to  Schedule  A  of  the  lease 
ending  May  1,  1900,  in  the  possession  of  the  School  of  Medicine  on  that  date, 
shall  be  made  by  the  Actuary,  Dr.  Steele,  and  the  Business  Manager  of  the 
University,  in  order  to  determine  if  such  property  meets  the  requirements  of  the 
lease. 

6.  The  University  and  the  College  of  Physicians  and  Surgeons  shall  place 
upon  their  records  a  statement  to  the  effect  that  the  requirements  under  the 
present  lease  have  been  complied  with  to  the  satisfaction  of  both  parties. 

Respectfully  submitted, 

S.  W.  SHATTUCK, 
Business  Manager. 

The  foregoing  rules  were  adopted,  and  the  Business  Manager  was  instructed 
to  make  settlement  with  the  College  of  Physicians  and  Surgeons  in  accordance 
"therewith,  and  report  the  same  to  this  Board.  Authority  was  given  to  draw 
warrants  as  might  be  necessary  to  conclude  the  transaction.  [20  Rept.  Univ. 
of  Illinois,  pp.  281-282.] 

UNIVERSITY  OF  ILLINOIS,  June  12,  1900. 
'1  o  the  Boara  of  Trustees  of  the  University  of  Illinois, 

GENTLEMEN: — I  have  the  honor  to  report  that  under  the  authority  given  by 
your  action  of  April'17,  1900,  I  have  settled  with  the  College  of  Physicians  and 
Surgeons  of  Chicago  the  financial  matters  of  the  agreement  which  terminated 
May  1 ,  1900.  The  balance  found  due  that  corporation  is  $28,380.97 ,  this  amount 
has  been  paid  over  and  the  University  treasurer  has  received  the  $8,000  provided 
for  in  the  new  agreement.  I  enclose  herewith  two  papers  which  I  wish  to  make 
a  part  of  this  report. 

Statement  of  Receipts  and  Expenses  of  the  School  of  Medicine  from  April  21 , 
1897.  to  April  30,  1900. 


Receipts    .....                      .    . 

$159,925.47 

Warrants      .       .                                          .                      . 

$131,544.50 

Balance 

28  380.97 

TOTAL  ' 

$159,925.47 

$159,925.47 

S.  W.  SHATTUCK,  Business  Manager, 
D.  A.  K.  STEELE.  Actuary, 

Auditing  Committee. 


14 
UNIVERSITY  OF  ILLINOIS,  May  14,  1900. 

This  writing  is  to  certify  that  the  undersigned  have  made  an  inventory  of  al 
property  in  the  possession  of  the  School  of  Medicine  of  the  University  of  Illinois, 
corresponding  to  Schedule  A,  of  the  lease  ending  May  1 ,  1900,  and  that  they  find 
the  same  to  be  equivalent  in  kind  and  value  to  that  which  was  received  by  the 
University  of  Illinois  from  the  College  of  Physicians  and  Surgeons  of  Chicago, 
April  21,  1897,  and  that  it  is  accepted  by  both  parties  representing  the  Univer- 
sity of  Illinois  and  the  College  of  Physicians  and  Surgeons  of  Chicago,  as  meeting 
all  of  the  requirements  in  this  respect  under  the  lease  which  terminated  May  1 , 
1900. 

S.  W.  SHATTUCK,  Business  Manager, 
D.  A.  K.  STEELE,  Actuary, 

Auditing  Committee. 
Respectfully  submitted. 

S.  W.  SHATTUCK, 
Business  Manager. 

This  report  was  received  and  approved  for  record.  [20  Rept.  Univ.  of  Illinois, 
pp.  312,  313.] 

PURCHASE  OF  WEST  DIVISION  HIGH  SCHOOL  PROPERTY  FOR  COLLEGE   OF 

MEDICINE. 

Dr.  Quine  and  Dr.  Steele  of  the  College  of  Medicine  were  then  heard  with 
regard  to  a  proposed  purchase  of  the  West  Division  High  School  property  in 
Chicago  for  the  use  of  the  College  of  Medicine. 

The  subject  was  referred  to  a  special  committee  consisting  of  Mrs.  Flower  and 
Messrs.  Bullard  and  Smith,  together  with  the  president  of  the  board,  Mr.  Mc- 
Lean, and  the  committee  was  instructed  to  report  at  the  December  meeting  of 
the  board,  or  earlier,  if  in  its  judgment  further  consideration  of  the  matter  by 
the  board  should  not  be  so  long  deferred.  [21  Rept.  Univ.  of  Illinois,  p.  1.] 

Mr.  Bullard,  from  the  special  committee,  made  the  following  report  and 
moved  its  adoption: 

URBANA,  Nov.  9,  1900. 
To  the  Board  of  Trustees. 

Your  special  committee  to  consider  the  request  of  the  College  of  Medicine  for 
the  approval  by  this  Board  of  the  proposal  to  purchase  the  West  Division  high 
school  property  in  Chicago,  reports  as  follows: 

Your  committee  has  taken  the  time  to  examine  into  the  needs  of  the  College 
of  'Medicine  for  enlarged  quarters,  the  character  and  condition  of  the  West 
Division  high  school  building,  the  value  of  said  property,  the  price  asked  for  the 
same,  and  probability  of  the  College  of  Medicine  producing  a  surplus  of  revenue 
above  expenses  should  the  said  building  be  purchased,  and  the  probable  effect 
of  the  said  purchase  upon  the  contract  now  in  force,  and  the  time  of  its  termina- 
tion. 

After  seriously  considering  the  subject  and  obtaining  as  much  information 
as  possible  from  parties  more  conversant  with  certain  phases  of  the  question 
than  your  committee  we  have  arrived  at  the  following  conclusions: 

(1)  Your  Committee  believes  that  the  need  of  the  College  for  enlargement 
in  its  buildings  is  urgent;  that  the  present  building  is  barely  large  enough  to 
accommodate  the  present  attendance  of  63 5, and  not  at  all  adequate  to  accom- 
modate the  increase  of  another  year  or  two  years.  If  the  College  is  to  grow — 
and  we  believe  that  if  it  remains  a  department  of  the  university  it  must  grow — 
then  at  the  farthest  we  cannot  delay  a  year  without  doing  incalculable  injury 
to  the  College. 


15 

(2)  The  West  Division  high  school  building  occupies  a  half  block  of  ground, 
having  an  area  of  42,845.76  square  feet  and  having  a  possibility  of  enlargement 
of  4,272  square  feet  by  the  vacation  of  an  alley.  This  school  building  is  adjoin- 
ing the  building  of  the  College  and,  if  obtained,  the  whole  would  really  become 
one  piece  of  property.  It  is,  therefore,  for  the  College,  the  most  desirable  piece 
of  property  in  its  vicinity.  The  building  occupies  about  27,500  square  feet  of 
ground,  only  about  two-thirds  of  the  whole  tract.  It  is  three  stories  high  not 
including  the  basement,  which  is  a  fairly  good  story  for  certain  purposes.  It  is 
well  built  and  is  in  good  condition.  It  is  sufficiently  large  to  accommodate  1 ,200 
high  school  pupils,  has  28  rooms  for  instruction  besides  a  large  assembly  room 
seating  1,250,  and  three  laboratories  and  other  necessary  rooms,  together  with 
cloak  and  toilet  rooms.  The  building  is  much  larger  than  necessary  to  accom- 
odate  the  increase  of  the  students  in  the  College  of  Medicine,  for  several  years, 
and,  therefore,  is  not  an  economical  investment  unless  immediate  occupancy 
can  be  provided  by  a  permanent  tenant  that  would  not  interfere  with  the  use 
of  the  remainder  of  the  building  by  the  College.  Your  Committee  is  assured 
that  such  an  arrangement,  entirely  agreeable  to  all  parties  interested,  can  be 
consummated. 

('3)  Your  Committee  has  carefully  estimated  the  value  of  the  said  property 
and  is  of  the  opinion  that  it  is  worth  $170,000  to  $175,000. 

(4)  The  price  asked  by  the  Board  of  Education  of  the  City  of  Chicago,  is 
$186,000,  and  it  is  the  belief  of  the  members  of  the  faculty  of  the  College  con- 
versant with  the  matter  that  the  price  fixed  by  the  School  Board  cannot  be 
reduced  at  present,  and  that  an  attempt  to  secure  a  reduction  would  be  at  the 
risk  of  the  withdrawal  of  the  offer  at  any  price.     The  advantage  of  having  addi- 
tional buildings  on  contiguous  property  makes  this  property  of  more  value  to 
the  College  by  an  indetermined  amount  than  any  other.     This  will  in  large 
measure  diminish  the  difference  between  the  two  figures. 

(5)  Your  Committee  has  been  especially  particular  to  determine  as  accu- 
rately as  possible  the  amount  of  income  and  expense  the  Medical  College  may 
reasonably  expect  following  the  purchase  of  the  said  property.      It  is  the  desire 
and  determination  of  the  faculty  of  the  College  of  Medicine  to  organize  a  Dental 
School  as  a  department  of  the  Medical  College  and  have  it  occupy  a  part  of  the 
new  building.     We  have  all  also  considered  the  possibility  of  providing  the  Phar- 
macy School  of  the  University  with  quarters  in  the  building.      In  this  manner 
we  estimate  that  the  building  would  be  well  occupied  from  the  opening  of  school 
in  1901,  and,  while  there  would  still  be  much  room  for  expansion  in  the  College 
and  in  each  of  the  schools,  the  building  would  be  so  occupied  from  the  first  that 
an  excess  of  revenue  above  expense  may  be  safely  relied  upon  the  first  year,  as 
well  as.  a  gradual  increase  in  surplus  during  succeeding  years.     The  income 
from  the  Medical  College  which  will  fall  to  the  Medical  College  purchase  and 
endowment  fund  of  our  treasury  this  year  will  be  sufficient,  if  continued,  to  pay 
out  the  contract  with  the  College  of  Physicians  and  Surgeons  within  the  period 
of  the  contract.     We  estimate  that  on  the  most  conservative  and  trustworthy 
basis  the  use  of  the  new  building  by  the   Medical  College  would  produce  suf- 
ficient additional  surplus  each  year  to  pay  for  the  new  building,  likewise  during 
the  term  of  the  contract. 

(6)  It  was  the  fear  of  some  members  of  the  Committee  that  the  large  cost 
of  this  property  would  so  increase  the  amount  now  provided  for  in  the  contract 
that  the  period  of  fulfillment  of  the  contract  would  be  indefinitely  extended. 
This  fact  has  caused  the  Committee  to  be  unusually  careful  in  its  estimates. 
Our  conclusions  are  that  while  the  amount  of  the  contract  would  be  increased 
to  about  $400,000,  the  income  to  our  treasury  would  amount  to  $15,000  a  year 
on  an  average,  which  would  pay  off  the  total  within  the  original  limit  of  the 
contract. 

Xow,  in  accordance  with  the  conclusions  arrived  at  by  your  Committee,  the 


16 

following  resolutions  are  presented  by  your  Committee  and  are  recommended 
for  adoption: 

WHEREAS,  The  Medical  College  of  this  University  is  in  need  of  larger  quarters 
for  its  present  and  growing  attendance;  and, 

WHEREAS,  The  Chicago  School  Board  has  offered  to  sell  the  West  Division 
high  school  building  of  that  city;  and, 

WHEREAS,  The  said  building  is  adjoining  the  building  of  the  Medical  College 
and  adequate  to  the  needs  of  the  College;  and, 

WHEREAS,  Additional  room  is  desired  for  the  use  of  the  Pharmacy  School  and 
for  a  Dental  School,  both  of  which  may  be  housed  in  the  surplus  room  of  the 
said  high  school  building;  therefore  be  it, 

Resolved,  That  the  College  of,  Physicians  and  Surgeons  of  the  City  of  Chicago 
is  hereby  authorized  to  purchase  the  West  Division  high  school  property  of  the 
City  of  Chicago,  described  as  lots  one  (1)  to  seven  (7),  inclusive,  in  block  twenty- 
three  (23),  also  sublets  one  (1)  to  seven  (7),  inclusive,  of  lots  nineteen  (19)  to 
twenty-five  (25),  inclusive,  in  block  twenty-three  (23),  and  the  vacated  alley 
running  north  and  south  through  said  block  twenty-three  (23)  in  Ashland 
Second  Addition  to  Chicago,  in  the  west  half  (£)  of  the  north  east  quarter  (J) 
of  section  eighteen  (18),  township  thirty-nine  (39)  north,  range  fourteen  (14) 
east  of  the  third  (3d)  principal  meridian,  the  said  purchase  to  include  the 
building  or  buildings  thereon,  together  with  the  furniture,  fixtures  and  apparatus 
therein,  all  of  the  said  property  to  be  acquired  for  the  purposes  of  the  College  of 
Medicine  of  this  University,  in  accordance  with  article  twelve  (12)  of  an  agree- 
ment entered  into  between  this  University  and  the  College  of  Physicians  and 
Surgeons  on  the  ninth  day  of  February,  A.  D.  1900,  and  that  the  sum  to  be  paid 
for  the  said  property  be  an  amount  not  exceeding  one  hundred  and  eighty-six 
thousand  ($186,000)  dollars;  it  is  further 

Resolved,  That  the  College  of  Physicians  and  Surgeons  is  hereby  authorized 
to  make  permanent  improvements  in  the  building  described  in  the  foregoing 
resolution,  after  its  purchase,  for  the  purposes  of  the  Medical  College,  to  an 
amount  not  exceeding  five  thousand  ($5,000)  dollars,  in  accordance  with  article 
12  of  the  contract  aforesaid. 

All  of  which  is  respectfully  submitted, 

S.  A.  BULLARD, 
T.  J.  SMITH, 
LUCY  L.  FLOWER, 
ALEX.  MCLEAN, 

Committee. 

Mr.  Smith  moved  to  amend  by  adding  to  the  resolution  for  the  purchase  of 
the  property  in  question  the  following: 

Provided  that  this  purchase  shall  in  no  way  be  allowed  to  operate  to  postpone 
the  termination  of  the  contract  now  in  force  between  the  University  of  Illinois 
and  the  College  of  Physicians  and  Surgeons,  of  Chicago,  so  far  as  it  relates  to  the 
University's  acquiring  the  title  and  receiving  the  deed  for  the  property  described, 
so  as  to  confonn  to  the  provisions  of  article  ten  of  original  contract  with  the 
College  of  Physicians  and  Surgeons. 

The  amendment  was  adopted  and  the  report  as  ^amended  was  adopted.  [21 
Univ.  of  Illinois  Rept.,  pp.  21-23.] 

The  Secretary  presented  the  following  communication  from  the  College  of 
Physicians  and  Surgeons,  of  Chicago: 

CHICAGO,  Nov.  15,  1900. 

Mr.   W.  L.  Pillsbury,  Secretary  of  the  Board  of  Trustees  of  the   University  of 
Illinois, 
DEAR  SIR:     The  following  is  a  copy  of  part  of  the  minutes  of  the  meeting 


17 

of  the  Board  of  Directors  of  the  College  of  Physicians  and  Surgeons,  of  Chicago, 
held  November  10,  1900,  relating  to  the  authorization  received  by  the  Board 
of  Directors  from  the  Board  of  Trustees  of  the  University  of  Illinois  for  the  pur- 
chase of  the  West  Division  High  School  property.  The  part  of  the  minutes 
in  regard  to  this-matter  is  as  follows: 

"A  communication  was  presented  by  the  President  from  the  Board  of  Trus- 
tees of  the  University  of  Illinois  authorizing  the  purchase  of  the  West  Division 
High  School  property  as  applied  for  by  the  College  of  Physicians  and  Surgeons. 
This  communication  was  read  and  on  motion  and  second  was  accepted  and  placed 
on  file. 

On  motion  and  second  the  Secretary  was  instructed  to  notify  the  Board  of 
Trustees  of  the  University  of  Illinois  of  the  receipt  of  the  approval  given  by  the 
Board  of  Trustees  to  the  application  of  the  Board  of  Directors  of  the  College 
of  Physicians  and  Surgeons  for  authority  under  the  contract  with  the  University 
of  Illinois  to  purchase  the  West  Division  High  School  property  at  a  cost  not 
to  exceed  $186,000.00. 

He  was  further  instructed  to  notify  the  Board  of  Trustees  that  the  Board  of 
Directors  of  the  College  of  Physicians  and  Surgeons  proposes  to  act  upon  the 
authorization."  Yours  truly, 

WM.  ALLEN  PUSEY,  Secretary. 
[21  Rep't  Univ.  of  Illinois,  p.  29.]  . 

SCHOOL  OF  DENTISTRY. 

Dr.  King,  of  the  College  of  Medicine,  was  heard  with  regard  to  the  organization 
of  a  school  of  dentistry  .as  a  department  of  the  College  of  Medicine. 

With  regard  to  this  matter  the  Board  adopted,  on  motion  of  Mr.  Smith,  the 
following  resolution: 

Resolved,  That  the  Board  of  Trustees  approves  the  proposition  that  the  College 
of  Medicine  establish  a  department  of  dentistry,  and  hereby  authorizes  the 
authorities  of  said  College  to  proceed  with  the  steps  leading  thereto  in  conjunc- 
tion with  the  Committee  of  this  Board  on  the  College  of  Medicine  and  the  Presi- 
dent of  the  University,  it  being  understood,  however,  that  nothing  should  be 
consummated  until  first  reported  and  passed  upon  by  this  Board.  [21  Rep't 
Univ.  of  Illinois,  p.  49.] 

The  Committee  on  the  College  of  Medicine  made  the  following  report,  which 
was  adopted: 

URBANA,  ILL.,  March  12,  1901. 
To  the  Board  of  Trustees  of  the  University  of  Illinois. 

GENTLEMEN:  In  accordance  with  the  resolution  of  Jan.  23,  1901,  concerning 
the  establishment  of  a  School  of  Dentistry  in  connection  with  the  College  of 
Physicians  .and  Surgeons,  the  Committee  which  was  to  act  in  conjunction  with 
the  College  of  Medicine,  reports  that  steps  have  been  taken  to  inaugurate  such 
a  school  at  the  commencement  of  the  next  college  year  in  accordance  with 
arrangements  made  between  the  College  of  Medicine  and  the  Illinois  School  of 
Dentistry. 

A.  F.  NIGHTINGALE, 
F.  M.  McKAY, 
A.  S.  DRAPER, 
S.  A.  BULLARD, 

Committee. 
Witnesseth, 

WHEREAS,  The  College  of  Physicians  and  Surgeons  of  Chicago,  to  act  with  the 
Committee  of  the  Board  of  Trustees  of  the  University  of  Illinois  and  the  Presi- 
dent of  the  said  Universitv,  has  been  authorized  by  the  Board  of  Trustees  of 


18 

the  University  of  Illinois  to  organize  a  department  of  dentistry  in  the  College 
of  Medicine  of  said  University,  and, 

WHEREAS,  an  entirely  new  organization  with  a  new  name,  a  new  faculty,  and 
new  equipment,  free  from  the  drawbacks,  and  prejudice  against,  or  known 
weaknesses  of,  existing  schools  of  dentistry  is  believed  to  be  highly  desirable, 
and, 

WHEREAS,  it  is  also  believed  to  be  equally  desirable  and  good  policy  to  acquire 
the  influence,  connections,  strength,  and  good  will  of  existing  schools  of  dentistry 
in  so  far  as  these  may  be  so  acquired  at  reasonable  cost,  and, 

WHEREAS,  The  Board  of  Directors  of  the  Illinois  School  of  Dentistry,  of  Chi- 
cago, a  corporation  organized  under  the  laws  of  the  State  of  Illinois,  and  a  well- 
established  and  reputable  college,  with  a  standard  curriculum,  a  moderate 
equipment  of  the  value  of  about  $7,000,  a  reputable  faculty,  including  several 
excellent  teachers,  and  an  enrollment  of  more  than  100  students  at  present  in 
attendance  tipon  its  instruction,  are  willing  to  surrender  its  charter,  sell  its 
equipments,  transfer  its  students,  and  to  lead  its  best  teachers  to  accept  places 
in  the  faculty  of  a  new  school  of  dentistry  of  the  College  of  Medicine  of  the 
University  of  Illinois  with  reasonable  compensation  therefor,  and, 

WHEREAS,  the  College  of  Physicians  and  Surgeons,  a  corporation  existing 
under  the  laws  of  the  State  of  Illinois,  and  the  Illinois  School  of  Dentistry,  after 
full  investigation  and  consideration  believe  that  the  interests  of  both  institu- 
tions and  of  the  University  of  Illinois,  as  well  as  the  interests  of  public  education, 
will  be  greatly  furthered  and  promoted  by  the  establishment  of  a  department  of 
dentistry  in  the  College  of  Medicine  and  the  taking  over  thereto  of  the  Illinois 
School  of  Dentistry  as  a  beginning  and  nucleus  of  the  proposed  Dental  School  of 
the  University  of  Illinois. 

Now,  therefore,  to  fulfill  the  purposes  of  the  College  of  Physicians  and  Sur- 
geons and  the  Illinois  School  of  Dentistry,  and  to  increase  the  usefulness  and 
greatness  of  the  University  of  Illinois,  the  parties  hereto  have  entered  into  the 
following  agreement:  Subject  to  its  approval  and  acceptance  by  the  Board  of 
Trustees  of  the  University  of  Illinois,  and  subject  to  the  successful  transference 
of  the  West  Division  High  School  to  the  ownership  of  the  College  of  Physicians 
and  Surgeons  on  or  about  July  1,  1901. 

1.  It  is  mutually  agreed   that   there   shall  be  organized   a  department  of 
dentistry  of  the  College  of  Medicine  of  the  University  of  Illinois;  that  it  shall 
have  all  the  rights,  privileges,  and  advantages  enjoyed  by  the  other  departments 
of  the  said  College  of  Medicine  and  shall  be  equipped  and  opened  for  instruction 
to  classes  in  dentistry  on  or  about  the  first  of  October,  1901.      It  shall  be  under- 
stood and  advertised  as  strictly  a  new  school  and  shall  be  known  as  the  School 
of  Dentistry  of  the  University  of  Illinois. 

2.  The  said  Illinois  School  of  Dentistry  agrees  to  transfer  its  equipment, 
franchises,  memberships,  and  good  will  to  the  College  of  Physicians  and  Sur- 
geons in  furtherance  of  the  above  expressed  purposes,  and  to  accept  therefor, 
and  for  its  services  in  transferring  its  interest  intact  to  the  proposed  School  of 
Dentistry  of  the  University  of  Illinois,  the  sum  of  $17,000.00,  payable  in  6  per 
cent,  interest  bearing  bonds  of  the  College  of  Physicians  and  Surgeons,  the  same 
to  be  delivered  on  of  about  the  second  day  of  July,  1901 ,  and  the  said  College  of 
Physicians  and  Surgeons  on  its  part,  in  furtherance  of  the  above  named  pur- 
poses, agrees  to  pay  to  the  Illinois  School  of  Dentistry  for  said  equipment, 
franchises,  memberships,  and  good  will,  and  for  its  services  in  transferring  its 
membership  and  good  will  to  the  proposed  School  of  Dentistry  of  the  University 
of  Illinois,  the  said  sum  of  $17,000.00,  payable  in  said  bonds,  the  same  to  be 
delivered  on  or  about  the  second  day  of  July,  1901. 

3.  The  said  Illinois  School  of  Dentistry  agrees  to  transfer  its  lease  to  the 
^premises  now  occupied  by  it  and  to  assign  its  contracts  with  its  teachers  to  the 

College  of  Medicine  of  the  University  of  Illinois,  which  transfer  and  assignments 


19 

are  to  take  effect  on  the  15th  day  of  May.  1901,  and  the  said  College  of  Physi- 
cians and  Surgeons  agrees  to  assume  for  the  benefit  of  the  College  of  Medicine  the 
obligations  of  the  said  lease  and  the  contracts  with  the  said  teachers.  The  said 
lease  herein  referred  to,  for  which  the  College  of  Physicians  and  Surgeons  be- 
comes responsible,  dates  from  May  15,  1901,  and  expires  May  1,  1904,  at  a 
stipulated  annual  rental  of  $3,500.  The  contracts  with  teachers  for  which  the 
College  of  Physicians  and  Surgeons  becomes  liable  are  for  the  services  of  per- 
sons during  specified  time  as  follows:  Dr.  D.  M.  Cattell,  $1,650,  under  contract 
for  12  months;  Dr.  C.  M.  Ditmar,  §1,250,  under  contract  for  seven  months; 
Dr.  Geo.  W.  Cook,  $1,200,  under  contract  for  12  months;  Dr.  E.  W.  McWhinney, 
$550,  under  contract  for  seven  months;  Dr.  C.  E.  Jones,  $900,  under  contract 
for  12  months. 

4.  It  is  mutually  agreed  that  the  Illinois  School  of  Dentistry  shall  continue 
with  full  authority  and  rights  to  conduct  its  present  school  as  heretofore  until 
the  15th  day  of  May,  1901. 

5.  It  is  further  understood  and  agreed  that  the  Illinois  School  of  Dentistry 
shall,  on  or  before  the  transference  of  its  property  and  the  receipt  of  payment 
therefor,  discharge  every  obligation  and  debt  standing  against  the  said  school, 
or  for  which  the  said  school  may  be  held,  except  the  obligations  mentioned  above 
in  paragraph  3  of  this  instrument. 

6.  It  is  mutually  understood  that  the  appointments  of  Mr.  R.  P.  Donaldson 
for  Superintendent  of  the  proposed  dental  department,  and  Dr.  B.  J.  Cigrand  as 
Professor  of  Dental  Prosthesis  and  History,  shall  be  recommended  to  the  Board 
of  Trustees  of  the  University  of  Illinois  by  the  Executive  Faculty  of  the  College 
of  Medicine,  and  that  each  shall  be  recommended  to  receive  a  salary  of  $1,500 
per  year,  said  salaries  to  begin  on  May  15,  1901. 

7.  It  is  further  agreed  that  a  complete  itemized  inventory  of  all  its  property, 
equipment,  and  effects,  with  values  attached,  shall  be  furnished  by  the  Illinois 
School  of  Dentistry  to  the  actuary  of  the  College  of  Medicine  on  or  before  March 
1,  1901. 

In  witness  whereof  the  Committees  of  the  College  of  Physicians  and  Surgeons 
and  the  Illinois  School  of  Dentistry,  appointed  for  this  purpose  and  with  powers, 
hereunto  set  their  hands  on  this  15th  day  of  February,  1901. 

OSCAR  A.  KING, 
WM.  M.  HARSHA, 
D.  A.  K.  STEELE, 

Committee  for  the  College  of  Physicians  and  Surgeons. 
R.  P.  DONALDSON, 
B.  J.  CIGRAND, 
G.  C.  VARNEY, 

Committee  for  the  Illinois  School  of  Dentistry. 

And  the  officers  of  the  corporations,  parties  thereto,  have  set  their  hand  and 
caused  to  be  affixed  their  corporate  seals. 

COLLEGE  OF  PHYSICIANS  AND  SURGEONS, 
ByD.  A.  K.  STEELE,  President. 

W.  A.  PUSEY,  Secretary. 
ILLINOIS  SCHOOL  OF  DENTISTRY, 

ByF.  M.  BROWN,  President, 
B.  J.  CIGRAND,  Secretary. 
[21  Rep't  Univ.  of  Illinois,  pp.  54-56.] 

TRANSFER  OF  WEST  DIVISION   HIGH   SCHOOL. 

To  the  Board  of  Trustees. 

Your  special  committee  on  the  purchase  of  the  West  Division  High  School 
property  by  the  College  of  Physicians  and  Surgeons  (Sept.  21,  1900),  begs  leave 
to  report  that  in  order  to  complete  the  purchase  of  the  said  property,  as  author- 


20 

ized  by  the  Board,  it  will  be  necessary  to  authorize  an  increase  of  the  indebted- 
ness of  the  said  College  in  accordance  with  Article  10  of  the  contract  between 
the  College  of  Physicians  and  Surgeons  and  the  University  of  Illinois  dated  the 
ninth  day  of  February,  1900. 

Your  committee  therefore  recommends  the  adoption  of  the  following  preamble 
and  resolutions: 

Whereas,  by  a  resolution  passed  by  this  Board  November  9,  1900,  the  College 
of  Physicians  and  Surgeons  of  the  City  of  Chicago  was  authorized  to  purchase 
for  8186,000  from  the  City  of  Chicago  the  property  known  as  the  West  Division 
High  School,  which  property  is  fully  legally  described  in  said  resolution,  and, 

Whereas,  the  said  College  of  Physicians  and  Surgeons  was  further  authorized 
on  the  same  date  to  make  permanent  improvements  to  the  building  on  said 
property  to  an  amount  not  exceeding  $5,000,  and, 

Whereas,  January  23,  1901,  this  Board  by  resolution  authorized  the  College 
of  Physicians  and  Surgeons  to  organize  a  School  of  Dentistry  in  said  College 
of  Medicine,  and  did  on  the  12th  day  of  March,  1901,  approve  an  agreement 
between  the  College  of  Physicians  and  Surgeons  and  the  Illinois  School  of 
Dentistry,  whereby  the  organization  of  a  School  of  Dentistry  in  the  College  of 
Physicians  and  Surgeons  is  to  be  consummated  by  the  purchase  of  the  Illinois 
School  of  Dentistry  for  the  sum  of  $17,000,  and, 

Whereas,  it  is  the  intention  of  the  College  of  Physicians  and  Surgeons  to  im- 
prove permanently  the  present  building  of  the  said  College  at  a  cost  not  to 
exceed  $8,000,  and  to  place  therein  the  new  school  of  Dentistry;  now  therefore, 
for  the  accomplishment  of  the  above  purposes,  be  it 

Resolved,  that  the  College  of  Physicians  and  Surgeons  be  and  is  hereby 
authorized  and  permitted  to  increase"  its  indebtedness  to  the  amount  and  in 
manner  as  follows:  On  first  mortgage  against  said  West  Division  High  School 
property  to  the  Chicago  Board  of  Education  for  five  years  at  6  per  cent  interest 
the  sum  of  $86,000.  In  bonds  of  the  corporation  and  secured  by  a  second 
mortgage  against  said  High  School  property  running  from  10  to  20  years  at  6 
per  cent  interest,  the  sum  of  $109,000.  And  it  is  further 

Resolved,  that  it  be  permitted  to  change  the  form  of  indebtedness  of  the 
College  of  Physicians  and  Surgeons  secured  by  mortgage  against  the  present 
building  legally  described  in  the  contract  between  the  said  College  of  Physicians 
and  Surgeons  and  the  University  of  Illinois,  dated  the  ninth  day  of  February, 
1900,  and  amounting  to  $21,000,  from  a  note  to  bonds  of  the  College  of  Physi- 
cians and  Surgeons  at  a  less  rate  of  interest,  not  to  exceed  6  per  cent  per  annum, 
the  said  bonds  to  be  secured  by  a  mortgage  on  the  said  property. 
Respectfully  submitted, 

S.  A.  BULLARD, 
T.  J.  SMITH, 
ALEX.  MCLEAN. 
The  report  was  adopted.     [21  Rep't  Univ.  of  Illinois,  pp.  66,  67.] 

COLLEGE  OF  MEDICINE. 
RECEIPTS  AND  EXPENDITURES. 
The  Committee  on  the  College  of  Medicine  made  the  following  report: 

URBANA,  ILL.,  Aug.  23,  1901. 
To  the  Board  of  Trustees. 

Your  Committee  on  the  College  of  Medicine  begs  leave  to  make  the  following 
statement  of  receipts  and  expenditures  of  the  College  of  Medicine  of  the  Uni- 
versity of  Illinois  for  the  year  ending  May  1,  1901. 


21 


Receipts          

$70,655.38 

Expenditures          .           .           

$58,655  .38 

Divided  surplus                       ....         ... 

12  000.00 

$70  655   38 

Respectfully  submitted, 

ALEXANDER  MCLEAN, 
F.  M.  McKAY, 

Committee  on  College  of  Medicine. 
The  report  was  accepted. 

FIRE   LOSS,   REPAIRS,   IMPROVEMENTS. 

URBANA,  ILL.,  Sept.  28,  1901. 
To  the  Board  of  Trustees: 

Your  Committee  on  the  College  of  Medicine  begs  leave  to  report  as  follows : 
On  the  night  of  June  25,  1901,  a  fire  occurred  in  the  Building  of  the  College 
of  Medicine  which  destroyed  a  portion  of  the  building,  together  with  a  large 
part  of  its  contents.  The  loss  having  been  adjusted  by  representatives  of  the 
several  insurance  companies  whose  policies  were  held,  there  was  allowed  and 
paid — 


On  building 

S19   500  00 

On  contents   

15,449.34 

On  lease  

2,663.28 

TOTAL        

$37   612   62 

Your  committee  deems  the  settlement  reasonable  and  liberal,  as  will  fully 
appear  from  exhibit  A  hereto  attached. 

It  was  doubtless  the  duty  of  the  officers  of  the  College  of  Physicians  and 
Surgeons  as  landlords,  to' proceed  to  repair  the  damage  by  fire,  and  reconstruct 
the  old  college  building. 

The  Board  of  trustees  had  already  authorized  the  expenditure  of  $5,000.00 
on  the  new  building  and  $4,000.00  for  equipment  for  the  School  of  Dentistry. 

The  officers  of  the  College  of  Physicians  and  Surgeons  found  it  necessary  to 
make  repairs  and  changes  at  once,  and  so  proceeded  to  call  for  bids  in  order  to 
have  the  building  ready  for  the  opening  of  the  fall  season  October  1,  1901. 

Exhibit  B  herewith  shows  in  detail  the  amount  of  bids  and  the  cost  of  repairs 
and  equipment.  . 

EXHIBIT  B. 

August  30,  1901. 
D.  A.  K.  Steele,  Actuary,  Chicago,  III. 

MY  DEAR  DOCTOR: — Pursuant  to  your  request  for  a  detailed  report  of  con- 
tracts let  for  repairing  the  old  college  building  (in  consequence  of  the  damage 
by  fire)  for  the  Dental  school,  and  remodeling  High  School  building  for  College 
purposes,  I  respectfully  submit  the  following: 

LIST  OF  CONTRACTS  FOR  THE  OLD  BUILDING 

Work  marked  "C"  indicates  that  the  contract  is  awarded  and  signed.     The 
general  work  of  carpentry  and  masonry  is  let  to  Jacob  Rodatz.   , 


22 


Iron     F   P   Smith  Wire  &  Iron  Works,  c        

$2,369.00 
28.42 
.75 
580.91 
164.75 
2  ,  600  .  00 
6.00 
38.46 
90.00 
5,500.00 

620.00 
5   205   00 

$30,867.29 
40,946.00 

Temporary  plumbing  —  K    L   Roller   c          

Rope     Geo    B    Carpenter  Co     c           .           

Wrecking     W    M   Crilly                                  

Temporary  roof  —  \V    W    Powell  Co  ,  c  .         

Elevator,  passenger  —  Otis  Elevator  Co.,  c  
Testing  columns     Union  Foundry  \VorVs   c  

Hardware  —  S   J    Stebbins  Co  ,  c  ' 

Mackolite  boards  —  Mackolite  Fire  Proofing  Co.,  c..  . 

Forty  tables,  Dental  School  —  Nollau  &  Wolf  Mfg. 
Co     c                 

Sheet  Metal     Louis  Biegler  Cornice  Co  ,  c  -. 

Asphalt  floors  —  Assyrian  Asph   Co     about       

1,100.00 
1,425.00 
1  ,  000  .  00 
914.00 
2,997.00 
1,200.00 
1  ,500.00 
200.00 
500.00 
300.00 
150.00 
96.00 
622.00 
1.660.00 

Electric     Henrv  Newgard  &  Co     c                       

Lath  and  plastering  —  W    Balhatchet   about  

Fixtures  —  E   D    Evans   c  

Paint   bid                                      

Heating,  approximate—  architect's  estimate  
Window  shades,  approximate—  architect's  estimate 
Metal  ceilings,  approximate  —  architect's  estimate.  .  . 
Gas  Fixtures  —  approximate  —  architect's  estimate  .  . 
Hardware   approximate  —  architect's  estimate 

Prism  glass  approximate  —  architect's  estimate 

Glass   approximate  —  architect's  estimate 

Architect,  approximate  —  architect's  estimate  

LlST  OF  CONTRACTS   FOR  THE   HIGH  SCHOOL  BUILDING 

Office  fixtures  —  A.  H    Revell  &  Co  ,  c  

81,870.00 
2  ,  600  .  00 
6,200.00 
90.00 
1,078.00 
1,035.00 
3  ,  900  .  00 
1,893.00 
10,000.00 
120.00 
80.00 
445.00 
293.00 
412.00 
2  ,  000  .  00 
3,930.00 
400.00 
500.00 
600  .  00 
1  ,  000  .  00 
2,500.00 

Elevator   passenger  —  Otis  Elevator  Co  ,  c    

Electrics  and  telephones  —  Arthur  Frantzen  &  Co..  c 
Gas  fixtures  —  E   Baggott  &  Co     c.  .  . 

Iron  —  -Brown  Bros    Mfg   Co     c   not  to  exceed 

Heating  —  Geo   E    Dixon  &  Co     c 

Plumbing  —  M   J    Corboy,  c  

Painting  —  J    G   McCarthy  Co     c 

Carpentry  and  masonry  —  Jacob  Rodatz,  abauL  
Vault  doors  —  S    H    Harris  &"Co.,  c  

Dumb  waiter  —  M   S   Swazey   c  -...-.  

Microscopical  tables  —  Nollau  &  \\\lf.  Mfg.  Co.,  c.  .  . 
Skylight  —  M    L   Jennings   c                     .           ....... 

Birch  woodwork,  basement  —  Von  ^la^ten  &  Dick,  c 
Lath  and  plastering  —  \V    Balhatchet   about  

Fixtures  —  E.  D.  Evans,  c  

Glass,  about  :  . 

Signs,  about  

Tile,  floor  and  marble,  about:  

General  changes  (just  ordered),  about  

Architect,  about  

TOTAL  

S7  1.813.  29 

There  will  be  an  addition  for  seats  of  about  

84,000.00 

23 

The  work  is  being  pushed  to  the  fullest  extent  and  unquestionably  the 
buildings  will  be  ready  for  occupancy  by  the  first  of  October. 

Very  truly  yours, 

T.  A.  DAVIS, 
Chairman  Building  Committee. 

It  is  necessary  therefore  that  the  Board  take  this  matter  under  consideration, 
and  confirm  the  action  of  the  officers  of  the  College  of  Physicians  and  Surgeons, 
so  far  as  may  be  deemed  proper  under  all  the  circumstances  of  the  case,  and 
that  the  expenditure  of  $47,000.00  in  addition  to  the  insurance  money  be 
approved. 

Respectfully  submitted, 

ALEXANDER  McLEAX, 
F.  M.  McKAY, 
Committee  on  College  of  Medicine. 

This  report  was  referred  to  the  Business  Manager  with  the  request  that  he 
give  the  Board  information  regarding  it  as  soon  as  practicable. 

The  Business  Manager,  and  Dr.  Steele  and  Dr.  King,  of  the  College  of  Medi- 
cine, were  then  heard  with  regard  to  the  report  of  the  Committee. 

Pending  the  consideration  of  this  report  the  Board  adjourned  to  1 :30  o'clock 
p.  m. 

AFTERNOON  SESSION,  SATURDAY,  SEPT.  28,  1901. 

When  the  Board  convened  pursuant  to  adjournment  the  same  members  were 
present  as  in  the  morning. 

The  report  of  the  Committee  on  the  College  of  Medicine  was,  after  further 
discussion,  adopted.  [21  Rep't  Univ.  of  Illinois,  pp.  187-190,  192.] 

COLLEGE  OF  PHYSICIANS  AND  SURGEONS. 

The  special  committee  to  which  had  been  referred  certain  matters  concerning 
the  relations  between  the  College  of  Physicians  and  Surgeons  and  the  University 
of  Illinois  made  the  following  report,  and  the  report  of  the  committee  was 
adopted  on  motion  duly  made  and  carried. 

URBANA,  ILLINOIS,  September  9,  1902. 
To  the  Board  of  Trustees  of  the  University  of  Illinois. 

GENTLEMEN:  Your  special  committee  upon  transfer  of  the  West  Side  High 
School  property,  Chicago,  Illinois,  from  the  College  of  Physicians  and  Surgeons, 
of  Chicago,  to  the  University  of  Illinois,  desires  to  report  that  your  committee 
engaged  Mr.  John  P.  Wilson,  attorney,  of  Chicago,  to  examine  and  prepare  all 
the  papers  in  the  case,  and  we  have  them  all  to  present  at  this  time  to  the 
Board. 

It  became  necessary,  in  the  opinion  of  Mr.  Wilson,  that  certain  resolutions  be 
passed  by  the  College  of  Physicians  and  Surgeons  and  the  University  so  that  the 
existing  contract  between  the  two  corporations  be  recognized,  and  all  the  acts 
of  either  party  be  in  conformity  to  that  contract. 

We  present  the  papers  as  a  part  of  this  report. 

Extract  from  the  minutes  of  the  meeting  of  the  Board  of  Directors  of  the 
College  of  Physicians  and  Surgeons,  of  Chicago,  held  July  22,  1902: 

On  motion  duly  made  and  carried  the  following  resolution  was  adopted : 

Whereas,  This  corporation  has  heretofore,  in  pursuance  of  and  in  accordance 
with  the  terms  and  provisions  and  conditions  of  a  certain  agreement  and  lease, 
dated  February  9th,  1900,  and  entered  into  between  it  and  the  University  of 
Illinois,  purchased  the  premises  described  as  lots  one  (1)  to  seven  (7)  and  lots 
one  (1)  to  seven  (7)  in  subdivision  of  lots  nineteen  (19)  to  twenty-five  (25),  in 


24 

block  twenty-three  (23),  and  the  vacated  alley  running  north  and  south  through 
said  block,  in  Ashland  second  addition  to  Chicago;  and 

Whereas,  The  Trustees  of  said  University  of  Illinois  have  requested  this  cor- 
poration to,  and  it  is  proper  that  it  should,  make  and  enter  into  an  agreement 
with  the  said  University  of  Illinois,  setting  forth  the  interest  of  said  University 
of  Illinois  in  said  premises,  and  to  make  a  deed  conveying  said  premises  to  said 
University  of  Illinois,  and  place  the  same  in  escrow  with  the  Secretary  of  said 
State  of  Illinois; 

Therefore,  Resolved,  That  the  President  and  Secretary  of  this  corporation  are 
hereby  authorized  and  directed  to  make  and  enter  into  an  agreement  with  the 
University  of  Illinois,  setting  forth  its  interest  in  said  premises  under  and  in 
pursuance  of  and  in  accordance  with  the  terms  and  conditions  of  said  agreement 
and  lease;  and  to  make,  execute  and  acknowledge  a  deed  conveying  said  prem- 
ises to  the  University  of  Illinois,  and  to  deliver  the  same  to  the  Secretary  of 
State  of  Illinois  in  escrow,  with  direction  to  deliver  the  same  in  the  manner,  for 
the  purpose  and  upon  the  conditions  stated  and  set  forth  in  said  agreement  and 
lease,  at  the  same  time  and  under  the  same  conditions  as  the  deed  heretofore 
delivered  to  said  Secretary  of  State  by  this  corporation  under  said  agreement 
and  lease. 

We  present  the  following  resolution  and  recommend  its  adoption  by  the 
Board : 

Whereas,  The  College  of  Physicians  and  Surgeons,  of  Chicago,  has  heretofore, 
in  pursuance  of  and  in  accordance  with  the  terms  and  provisions  and  conditions 
of  a  certain  agreement  and  lease,  dated  February  9,  1900,  and  entered  into  be- 
tween it  and  this  corporation,  purchased  for  the  sum  of  one  hundred  and 
eighty-six  thousand  dollars  ($186,000.00)  the  premises  described  as  lots  one  ^ 
to  seven 4ft,  and  lots  one  (1)  to  seven  (7)  in  subdivision  of  lots  nineteen  (19)  to 
twenty-five  (25),  in  block  twenty-three  (23),  and  the  vacated  alley  running 
north  and  south  through  the  block,  in  Ashland  second  addition  to  Chicago;  and 

Whereas,  It  is  desirable  that  an  agreement  should  be  entered  into  between  said 
College  of  Physicians  and  Surgeons,  and  this  corporation,  setting  forth  the 
interest  of  this  corporation  in  said  premises,  and  that  a  deed  should  be  made  by 
said  College  of  Physicians  and  Surgeons  conveying  said  premises  to  this  cor- 
poration, and  the  same  be  placed  in  escrow  with  the  Secretary  of  State  of  Illinois; 
therefore 

Resolved,  That  the  President  and  Secretary  of  this  corporation  are  hereby 
authorized  and  directed  to  enter  into  an  agreement  with  said  College  of  Physi- 
cians and  Surgeons,  setting  forth  the  interest  of  this  corporation  in  said  prem- 
ises, under  and  in  pursuance  of  and  in  accordance  with  the  terms  and  conditions' 
of  said  agreement  and  lease ;  and  to  procure  from  said  College  of  Physicians  and 
Surgeons  a  deed  of  said  premises,  and  have  the  same  delivered  to  the  Secretary 
of  State  of  Illinois,  in  escrow,  and  to  join  in  an  escrow  agreement  directing  said 
Secretary  of  State  to  deliver  said  deed  to  this  corporation  in  the  manner  and 
the  purpose  and  upon  the  conditions  stated  and  set  forth  in  said  agreement  and 
lease,  at  the  same  time  and  tinder  the  same  conditions  as  the  deed  heretofore 
delivered  to  said  Secretary  of  State  by  said  College  of  Physicians  and  Surgeons 
under  said  agreement  and  lease. 

The  agreement  referred  to  in  the  above  resolution  is  as  follows: 

ARTICLES  OF  AGREEMENT,  Made  and  entered  into  this  twenty-sixth  day  of 
June,  A.  D.  1902,  between  the  College  of  Physicians  and  Surgeons,  of  Chicago, 
the  party  of  the  first  part,  and  the  University  of  Illinois,  the  party  of  the  second 
part, 

WITNESSETH,  That,  whereas,  the  parties  hereto  did  execute  certain  articles 
of  agreement  and  lease  bearing  date  of  February  9,  1900,  in  and  by  which  the 
said  party  of  the  first  part  did  demise  and  agree  to  sell  to  said  party  of  the 
second  part  lots  numbers  fifteen  (IS),  sixteen  (16),  seventeen  (17)  and  eighteen 


25 

(18)  in  Balestier's  subdivision  of  block  number  twenty-three  (23)  in  Ashland's 
second  addition  to  Chicago,  and  other  property,  upon  the  terms  and  for  the  pur- 
poses and  subject  to  the  conditions  in  said  articles  of  agreement  and  lease  set 
forth  and  stated;  and 

WHEREAS,  It  was  provided  in  and  by  said  articles  of  agreement  and  lease  that 
the  said  party  of  the  first  part  might  purchase  and  acquire  additional  proper!  y 
upon  the  terms  and  subject  to  the  conditions  therein  set  forth,  which  should  be 
subject  to  the  provisions  of  said  articles  of  agreement  and  lease  and  to  the  sale 
therein  and  thereby  made  and  agreed  to  be  made  to  said  party  of  the  second 
part;  and 

WHEREAS,  The  said  party  of  the  first  part.has,  in  pursuance  of  and  in  accord- 
ance with  the  terms  and  provisions  and  conditions  of  said  articles  of  agreement 
and  lease,  and  by  and  with  the  approval  of  the  said  party  of  the  second  part, 
purchased  certain  real  estate  in  the  city  of  Chicago,  to  be  held,  owned  and  con- 
trolled by  the  terms  and  provisions  of  said  articles  of  agreement  and  lease ;  and 

WHEREAS,  The  said  parties  are  desirous  of  evidencing  the  fact  of  said  purchase 
as  aforesaid  by  an  instrument  in  writing: 

Now,  THEREFORE,  This  indenture  witnesseth  that  the  said  party  of  the  first 
part  has  purchased  of  the  city  of  Chicago  the  West  Division  High  School  prop- 
erty, described  as  lots  one  (1)  to  aovon  (7  ^inclusive,  in  block  twenty-three  (23) ; 
also  sub-lots  one  1(1)  to  seven  (7  ^inclusive,  of  lots  nineteen  (1 9) iJkf  twenty-five 
(25 ^'inclusive,  in  block  twenty-three  (23)f  and  the  vacated  alley  running  north 
and  south  through  said  block  twenty-three  (23) Km  Ashland's  second  addition 
to  Chicago,  in  the  west  one-half  of  the  northeast  quarter  of  section  eighteen  (IS),!/ 
township  thirty-nine  (39)i^iorth,  range  fourteen  (l-i^east  of  the  third  principal  ^ 
meridian^  including  the  buildings  thereon,  together  with  the  furniture,  fixtures, 
and  apparatus  therein,  for  the  purposes  of  a  college  of  medicine  of  the  University 
of  Illinois,  under  and  in  accordance  with  article  12  of  said  agreement  and  lease 
entered  into'between  the  parties  hereto  bearing  date  the  9th  day  of  February, 
A.  D.  1900,  at  and  for  the  purchase  price  of  one  hundred  and  eighty-six  thousand 
dollars  ($186,000),  and  that  the  rights  of  the  parties  hereto  in  and  to  the  said 
property  are  to  be  controlled  and  governed  by  the  terms  and  provisions  of  the 
said  articles  of  agreement  and  lease  dated  February  9th,  1900,  in  all  respects  the 
same  as  though  said  property  had  been  owned  by  the  said  party  of  the  first  part 
at  the  date  of  the  said  articles  of  agreement  and  lease  bearing  date  the  9th  of 
February,  1900,  and  had  been  described  therein,  and  had  also  been  described  in 
the  deed  of  conveyance  from  the  said  party  of  the  first  part  to  the  said  party  of 
the  second  part  mentioned  in  said  articles  of  agreement  and  lease  and  deposited 
in  escrow  in  accordance  with  the  provisions  thereof;  and  for  the  better  accom- 
plishment of  the  said  end  the  said  party  of  the  first  part  has  this  day  executed 
a  deed  conveying  the  said  premises  to  the  said  party  of  the  second  part,  which 
has  this  day  been  placed  in  escrow  for  delivery  at  the  same  time  and  upon  the 
same  terms  as  the  original  deed  from  the  said  party  of  the  first  part  to  said  party 
of  the  second  part  executed  and  placed  in  escrow  at  the  date  of  the  execution  and 
delivery  of  the  said  articles  of  agreement  and  lease  bearing  date  February  9th, 
1900;  it  being  expressly  covenanted  and  agreed  between  the  parties  hereto  that 
the  amount  of  rent  and  purchase  price  to  be  paid  by  the  said  party  of  the  second 
part  to  the  said  party  of  the  first  part  shall  be,  by  reason  of  the  purchase  of  said 
property  by  the  said  party  of  the  first  part,  increased  to  the  amount  and  paid  in 
the  manner  provided  for  in  said  articles  of  agreement  and  lease  bearing  date 
February  9th,  1900. 

IN  WITNESS  WHEREOF,  The  undersigned  officers  of  the  respective  parties 
hereto,  authorized  by  resolution  of  their  respective  boards,  have  hereunto  at- 
tached their  signatures  as  official  representatives  of  the  parties  hereto,  and  the 


26 

corporate  seals  of  said  parties,  at  the  city  of  Chicago,  in  the  State  of  Illinois,  on 
the  day  and  year  first  above  written. 

THE  COLLEGE  OF  PHYSICIANS  AND  SURGEONS, 
OF  CHICAGO,  by 

D.  A.  K.  STEELE,  President, 

[SEAL]  WILLIAM  ALLEN  PUSEY,  Secretary. 

UNIVERSITY  OF  ILLINOIS, 

A.  F.  NIGHTINGALE,  President  Board  of  Tmstees, 
[SEAL]  W.  L.  PILLSBURY,  Secretary. 

STATE  OF  ILLINOIS, 


COUNTY  OF  COOK. 

I,  E.  Evelyn  Ballard,  a  notary  public  in  and  for  said  county,  in  the  State  afore- 
said, do  hereby  certify  that  on  this  26th  day  of  June,  A.  D.  1902,  personally  ap- 
peared before  me  D.  A.  K.  Steele,  President,  and  Wm.  Allen  Pusey,  Secretary, 

of  the  College  of  Physicians  and  Surgeons,  and 

President,   and Secretary,   of  the   Board   of 

Trustees  of  the  University  of  Illinois,  personally  known  to  me  to  be  the  same 
persons  who  executed  the  foregoing  instrument  and  severally  acknowledged  that 
they  executed  the  said  instrument  of  their  own  free  and  voluntary  act  and  as 
and  for  the  free  and  voluntary  act  of  the  respective  corporations  of  which  they 
are  officers. 

IN  WITNESS  whereof  I  have  hereunto  set  my  hand  and  official  seal  the  day  and 
year  above. written. 

E.  EVELYN  BALLARD, 
[SEAL]  Notary  Public. 

My  commission  expires  Nov.  23d,  1902. 

STATE  OF  ILLINOIS,       1 

|-ss. 
COUNTY  OF  CHAMPAIGN.  J 

I,  L.  A.  Boice,  a  notary  public  in  and  for  said  county,  in  the  State  aforesaid, 
do  hereby  certify  that  on  this  15th  day  of  September,  A.  D.  1902,  personally 
appeared  before  me,  A.  F.  Nightingale,  President,  and  W.  L.  Pillsbury,  Secretary, 
of  the  Board  of  Trustees  of  the  University  of  Illinois,  personally  known  to  me  to 
be  the  same  persons  who  executed  the  foregoing  instrument,  and  severally 
acknowledged  that  they  executed  the  said  instrument  of  their  own  free  and 
voluntary  act,  and  as  and  for  the  free  and  voluntary  act  of  the  corporation  of 
which  they  are  officers. 

In  witness  whereof  I  have  hereunto  set  my  hand  and  official  seal  the  day  and 
year  above  written. 

L.  A.  BOICE, 
[SEAL]  Notary  Public. 

The  deed  executed  by  the  College  of  Physicians  and  Surgeons  is  here  presented. 
We  recommend  that  it  be  recorded  in  the  recorder's  office  in  the  county  of  Cook, 
and  then  placed  in  escrow  with  the  Secretary  of  State,  at  Springfield. 

The  grantor,  The  College  of  Physicians  and  Surgeons  of  Chicago,  a  corporation 
organized  under  the  laws  of  the  State  of  Illinois,  for  and  in  consideration  of  the 
sum  of  one  hundred  and  eighty-six  thousand  dollars  ($186,000.00),  in  hand  paid, 
conveys  and  warrants  to  the  University  of  Illinois,  a  corporation  organized  under 
the  laws  of  the  State  of  Illinois,  the  following  described  real  estate,  lying  and 
being  in  the  city  of  Chicago,  county  of  Cook,  and  the  State  of  Illinois,  known  and 
described  as  follows,  to-wit: 

Lots  one  (1)  to  seven  (7),  inclusive,  in  block  twenty-three  (23):  also  sub-lots 
one  (1)  to  seven  (7),  inclusive,  of  lots  nineteen  (19)  to  twenty-five  (25),  inclu- 
sive, in  block  twenty-three  (23)  and  the  vacated  alley  running  north  and  south 
through  said  block  twenty-three  (23),  in  Ashland  second  addition  to  Chicago,  in 
the  west  one-half  of  the  northeast  quarter  of  section  eighteen  (18),  township 


27 

thirty-nine  (39)  north,  range  fourteen  (14)  east  of  the  third  principal  meridian, 

including   the   buildings    thereon,    together   with    the   furniture,    fixtures   and 

apparatus  therein. 

Dated  this  26th  day  of  June,  A.  D.  1902. 

THE  COLLEGE  OF  PHYSICIANS  AND  SURGEONS, 

[Seal  of  College  of  OF  CHICAGO,  by 

Physicians  and  D.  A.  K.  STEELE,  President, 

Surgeons.]  WM.  ALLEN  PUSEY,  Secretary. 

STATE  OF  ILLINOIS,   1 

>  ss. 
COUNTY  OF  COOK.    J 

I,  E.  Evelyn  Ballard,  a  notary  public,  in  and  for  said  county,  in  the  State 
aforesaid,  do  hereby  certify  that  D.  A.  K.  Steele,  President,  and  Wm.  Allen 
Pusey,  Secretary,  of  the  College  of  Physicians  and  Surgeons  of  Chicago,  who  are 
personally  known  to  me  to  be  the  same  persons  whose  names  are  subscribed  to 
the  foregoing  instrument,  and  who  are  personally  known  to  me  to  be  such 
president  and  secretary  as  aforesaid,  appeared  before  me  this  day  in  person,  and 
acknowledged  that  they  signed,  sealed  and  delivered  the  said  instrument  as  their 
free  and  voluntary  act,  and  as  the  free  and  voluntary  act  of  the  said  The  College 
of  Physicians  and  Surgeons  of  Chicago,  for  the  uses  and  purposes  therein  set 
forth,  in  accordance  with  a  resolution  duly  passed  by  its  Board  of  Directors  at  a 
legal  meeting  of  such  Board. 

Given  under  my  hand  and  notarial  seal  this  26th  day  of  June,  A.  D.  1902. 

E.  EVELYN  BALLARD, 
[Notary  Seal.]  Notary  Public. 

My  commission  expires  Nov.  23d,  1902. 

We  submit  also  the  following  letter  of  transmittal  to  the  Secretary  of  State : 
To  the  Secretary  of  the  State  of  Illinois. 

DEAR  SIR:  The  College  of  Physicians  and  Surgeons,  of  Chicago,  and  the 
University  of  Illinois  do  hereby  deliver  to  you  a  certain  deed  bearing  even  date 
herewith,  wherein  the  said  College  of  Physicians  and  Surgeons  is  grantor  and  the 
said  University  of  Illinois  is  grantee,  which  deed  is  delivered  to  you  in  escrow,  to 
foe  held  and  delivered  at  the  time,  in  the  manner,  for  the  purpose  and  upon  the 
conditions  set  forth  in  certain  articles  of  agreement  and  lease  between  the 
parties  hereto,  bearing  date  of  February  9,  1900,  and  at  the  same  time  and  under 
the  same  conditions  as  the  deed  between  the  said  parties  mentioned  in  said 
articles  of  agreement  and  lease  heretofore  delivered  to  you  under  the  said  articles 
of  agreement  and  lease. 
Chicago,  June  26,  1902. 

THE  COLLEGE  OF  PHYSICIANS  AND  SURGEONS,  OF  CHICAGO,  by 

D.  A.  K.  STEELE,  President, 
(SEAL]  WILLIAM  ALLEN  PUSEY,  Secretary. 

A.  F.  NIGHTINGALE,  President  of  the  Board  of  Trustees  of 

the  University  of  Illinois. 

.[SEAL]  W.  L.  PILLSBURY,  Secretary  of  the  Board  of  Trustees  of  the 

University  of  Illinois 

We  recommend  that  the  proper  officers  of  this  Board  sign- and  execute  the 
papers  here  presented  before  they  go  into  our  records,  so  that  our  records  may 
show  the  matter  duly  completed  to  this  date. 

Respectfully  submitted, 

S.  A.  BULLARD, 
THOMAS  J.  SMITH, 
ALEXANDER  MCL/EAN, 
MRS.  CARRIE  T.  ALEXANDER, 
£22  Rep't  Univ.  of  Illinois,  pp.  7-11.]  Special  Committee  on  Transftr 


28 

TRANSFER  OF  WEST  DIVISION  HIGH  SCHOOL  PROPERTY. 

The  committee  on  transfer  of  West  Division  High  School  property  made  the 
following  report,  which  was  adopted: 

URBANA,  ILLINOIS,  October  24,  1902. 
To  the  Board  of  Trustees. 

Your  special  committee  on  the  transfer  of  the  West  Division  High  School  prop- 
erty desires  to  report  that  an  error  in  the  recommendations  of  your  committee  in 
its  report  made  at  the  last  regular  meeting,  September  9,  1902,  should  be  cor- 
rected. -  The  committee  at  that  time  reported  all  the  papers  necessary  to  the 
transfer  and  recommended  that  the  deed  be  recorded  in  the  recorder's  office  in 
Cook  county  and  then  sent  to  the  Secretary  of  State  to  be  held  in  escrow  by  him ; 
whereas,  to  conform  to  the  method  followed  in  the  first  transfer,  the  recom- 
mendation should  have  been  that  the  contract  be  recorded  in  the  recorder's 
office  of  Cook  county  and  the  deed  sent  to  the  office  of  the  Secretary  of  State  at 
Springfield,  to  be  held  in  escrow  by  him  till  the  contract  had  been  fulfilled.  As 
the  deed  has  been  recorded  as  was  recommended,  in  order  to  correct  the  mis- 
take thus  made,  your  committee  recommends  that  the  officers  of  this  Board  be 
authorized  and  instructed  to  have  drawn  and  executed  a  quit-claim  deed  of  the 
said  West  Division  High  School  property  from  the  University  of  Illinois  to  the 
College  of  Physicians  and  Surgeons  and  to  have  it  recorded  in  the  recorder's 
office  of  Cook  county,  and  that  in  exchange  for  this  deed,  they  be  instructed  to 
accept  another  warranty  deed  for  the  same  property  from  the  College  of  Physi- 
cians and  Surgeons  to  the  University  of  Illinois,  which  deed  our  officers  are 
instructed  to  have  placed  in  escrow  in  the  hands  of  the  Secretary  of  State  of 
Illinois,  in  accordance  with  the  contract  reported  to  the  meeting  of  this  Board 
on  September  9th  last;  and  further,  that  they  be  instructed  to  have  the  said 
contract  recorded  in  the  recorder's  office  in  Cook  county. 

Respectfully  submitted, 

S.  A.  BULLARD, 
THOMAS  J.  SMITH, 
ALEX.  MCLEAN, 
CARRIE  T.  ALEXANDER, 

Committee  on  Transfer. 

SCHOLARSHIPS  IN  THE  COLLEGE  OF  MEDICINE. 

It  was  ordered  that  the  money,  $4,000  in  amount,  received  on  contracts  for 
scholarships  in  the  College  of  Physicians  and  Surgeons  (see  item  13  of  President 
Draper's  communication  below)  be  deposited  with  the  Treasurer  and  invested 
by  the  Business  Manager. 

RELATIONS  WITH  .THE  COLLEGE  OF  MEDICINE. 

The  Committee  on  the  College  of  Medicine  made  the  following  report,  which 
was  adopted: 

URBANA,  ILLINOIS,  October  24,  1902. 
To  the  Board  of  Trustees. 

Your  Committee  on  the  College  of  Medicine,  to  which  was  referred  the  esti- 
mates of  expense  of  the  College  for  the  year  1902-1903,  which  was  submitted  by 
the  Acttiary  at  the  regular  meeting  in  June,  submits  its  report.  Owing  to  the 
absence  of  the  chairman  of  the  committee  from  the  State  for  several  month  sub- 
sequent to  the  presentation  of  the  estimate  by  the  Actuary,  this  report  is  de- 
layed to  this  date. 

Bearing  in  mind  the  terms  of  the  contract  between  the  University  and  the 
College  of  Physicians  and  Surgeons,  your  committee  has  been  actuated  by  a 
desire  to  join  in  scrupulously  seeking  the  completion  of  that  contract  within  the 
period  set  forth  in  the  contract  itself,  namely,  twenty-five  years.  And  we  be- 
lieve that  the  purposes  of  the  College  of  Physicians  and  Surgeons  are  to  the 


29 

same  end,  and  that  the  organization  and  the  members  of  the  faculty  and 
officers  of  the  College  will  manifest  the  sincerity  of  those  purposes  by  aiding  this 
Board  in  every  way  possible  to  bring  this  contract  to  a  successful  termination 
within  the  specified  time. 

The  amount  of  the  purchase  as  stated  in  the  original  contract  is  $217,000. 
This  amount  has  been  increased  $186,000  by  the  purchase  of  the  property  known 
as  the  West  Division  High  School,  and  more  than  $100,000  by  improvements 
made  in  that  and  in  the  original  property,  and  further,  by  $17,000  through  the 
starting  of  the  Dental  School,  which  together  make  the  total  amount  of  contract 
considerably  above  $500,000.00  at  the  present  time. 

In  estimating  the  amount  of  money  to  be  acquired  by  the  University  yearly  in 
order  that  the  original  amount  of  $217,000  should  be  provided  within  twenty-five 
years  it  was  found  that  approximately  the  sum  of  $5,250  was  necessary.  It  was 
estimated  that  that  amount  would  be  required  annually  from  the  net  profits  of 
the  College.  When  the  purchase  of  the  High  School  property  was  contemplated 
it  was  estimated  by  the  committee  of  this  Board  and  the  committee  of  the 
Medical  College  that  the  enlargement  of  the  school  resulting  therefrom  and  its 
increased  income  would  enlarge  the  net  income  to  the  University  to  an  amount 
sufficient  to  insure  the  fulfillment  of  the  contract  within  twenty-five  years,  the 
period  stated  in  the  contract.  This  Board  thereupon  authorized  the  purchase 
of  the  High  School  property  and  the  increase  of  the  amount  of  the  contract, 
$186,000.  By  the  organization  of  the  Dental  School  this  committee  and  the 
officers  of  the  Medical  College  again  concluded  that  the  increased  net  income 
to  the  University  would  provide  for  the  payment  of  the  increased  obligations, 
within  the  stated  period,  jhade  necessary  through  the  organization  of  this 
school.  During  the  summer  of  1901  the  fire  that  occurred  in  the  Medical  College 
building  made  great  repairs  necessary  and  in  the  changes  made  at  that  time  the 
spirit  of  improvement  found  its  way  into  the  High  School  property  as  well,  arid 
improvements  were  made  in  both  far  beyond  any  amount  contemplated  at  the 
time  of  the  purchase.  This  additional  expense,  together  with  the  other  ex- 
penditures which  were  authorized  by  this  Board,  has  made  the  amount  of  the 
obligations  in  the  contract  exceed  considerably  the  sum  of  $500,000,  as  stated 
at  the  beginning  of  this  report. 

Xd\v,  estimating  on  the  basis  of  $528,000  as  the  amount  of  the  contract,  which 
is  approximately  correct,  it  will  require  a  net  profit  of  $12,800  annually  as  the 
University's  share  to  complete  the  contract  within  the  specified  time.  How- 
ever, two  years  of  the  contract  have  already  passed,  and  the  third  year  is  well 
on  its  way.  The  contract  went  into  effect  May  1,  1900,  and  the  completion  is 
stated  for  May  1,  1925.  The  two  years  of  the  contract  that  have  elapsed  have 
not  fulfilled  expectations.  The  results  are  not  what  has  been  desired,  nor  what 
was  confidently  expected.  Several  things  have  conspired  to  cause  this  dis- 
appointment. We  can  see  them  now  but  did  not  forsee  them.  First,  the 
unsettled  condition  always  accompanying  a  rapid  enlargement  of  a  school 
makes  it  next  to  impossible  accurately  to  estimate  income  and  to  hold  the 
expense  down  proportionate  to  income.  Again,  the  purchase  of  additional 
property  and  the  enormous  cost  of  its  improvement,  the  fire  in  the  original 
building,  and  the  rebuilding  and  improvement  of  that  bviilding  and  equipping  it 
for  the  Dental  School  have  caused  all  concerned  to  lose  sight  for  a  time  of  the 
increased  net  profits  which  must  necessarily  be  required  to  fulfill  the  contract 
in  due  time.  Again,  the  unusual  conditions  arising  in  the  administration  of 
the  contract,  in  the  like  of  which  the  President,  faculty  of  the.  Medical  College, 
and  the  members  of  this  Board  were  inexperienced,  have  induced  all  connected 
with  the  administration  to  give  their  attention  to  the  educational  and  material 
features  of  the  school  and  allow  a  very  loose  rein  in  its  financial  affairs. 

But  the  experience  gathered  from  the  two  years  past  will  prove  of  large  value 
in  the  conduct  of  this  great  enterprise  to  its  termination. 

The  first  year  of  the  contract  resulted  in  a  total  net  profit  of  12,000  dollars,  of 


30 

which  the  University  received  4,000  dollars.  This  amount  fell  1,250  dollars 
short  of  the  amount  necessary  to  carry  the  original  amount  of  2 1 7 ,000  dollars  to 
completion  in  25  years.  Your  committee  finds  no  good  reason  for  this  shortage 
other  than  those  above  stated.  The  year  was  a  good  one  in  attendance,  no 
expensive  improvements  were  made  and  no  large  amount  of  apparatus  was 
purchased.  The  unusual  expense  came  in  the  increase  of  operating  expenses. 
The  income  for  the  year  was  $70,655.38,  and  the  expenses,  $58,655.38.  The 
second  year  of  the  contract  resulted  in  a  total  net  profit  of  $9,000,  the  University 
receiving  for  its  share  $3,000.  The  attendance  for  the  year  in  the  Medical 
College  was  100  more  than  the  year  previous,  the  total  being  708  students.  The 
attendance  of  the  Dental  School  this  first  year  was  134  students.  The  income 
from  these  two  sources  was  $94,958.51,  as  reported  by  the  Business  Manager. 
The  operating  expenses  by  the  same  report  were  $85,958.51.  The  year  was  the 
most  prosperous  ever  reached  by  the  Medical  College,  the  combined  increase  of 
students  being  38.4  per  cent  over  the  attendance  of  the  year  previous.  The 
income  was  34.4  per  cent  over  the  previous  year  and  the  operating  expenses 
46.5  per  cent  increase.  It  will  be  noticed  that  the  year's  record  also  shows  an 
abnormal  increase  in  the  operating  expenses. 

The  estimates  of  the  Actuary  for  the  present  year  (third  year  of  contract)  are 
•$104,000  for  income  and  $95,182.92  for  operating  expenses.  The  net  gain  for 
the  year,  therefore,  is  estimated  at  $8,817.03,  of  which  the  University's  share 
would  be  $2,939.01.  The  estimated  increase  of  students  is  not  given  in  the 
Actuary's  estimate,  so  that  a  comparison  can  not  be  made  with  the  attendance 
of  last  year.  The  estimated  increase  in  income  is  9.3  per  cent  over  the  preceding 
year  and  the  estimated  increase  in  expenses  which  this  Board  is  asked  to  con- 
firm is  10.7  per  cent  over  that  of  last  year.  It  willjbe  noticed  that  the  per  cent 
of  increase  in  the  expenses  in  these  three  years  is  in  every  instance  greater  than 
the  increase  in  income,  and  that  the  amount  of  net  profits  continually  derceases 
in  the  same  period.  This  must  be  a  matter  of  great  regret  to  every  one  connected 
with  the  Medical  College  and  the  University,  and  it  is  with  the  serious  purpose 
of  changipg  this  condition  of  things  that  your  committee  makes  so  elaborate  a 
report.  Your  committee  realizes  that  the  loss  of.  a  single  year's  net  income  is 
not  a  matter  of  any  grave  inportance,  though  the  loss  would  necessarily  post- 
pone the  termination  of  your  contract  another  year.  Such  a  loss  may  be  oc- 
casioned by  a  stress  of  hard  times  which  may  reduce  the  attendance  seriously, 
so  that  there  may  be  no  surplus;  or,  by  an  unavoidable  calamity,  which  may 
enormously  increase  the  expense.  It  proves  to  be  a  matter  of  deep  concern, 
however,  when  in  the  most  prosperous  times,  with  attendance  increasing  and 
income  increasing  beyond  all  precedents,  the  expense  should  be  allowed  to 
increase  beyond  all  proportion  to  either.  The  precedents  established  by  such 
a  course,  the  habits  of  extravagance  engendered,  and  the  quiet  indifference  in 
which  the  recurring  failures  to  fulfill  each  annual  part  of  the  contract  is  contem- 
plated by  all  concerned  are  matters  which  your  committee  believes  to  be  of  the 
gravest  importance. 

Your  committee  in  confirming  the  estimates  of  the  income  of  the  present  year, 
as  reported  by  the  Actuary,  has  estimated  on  an  increase  of  15  per  cent  in  the 
attendance  in  both  the  Medical  College  and  Dental  School.  This  allows  an 
ncrease  of  106  medical  students  (a  total  of  814)  and  20  dental  students  (a  total 
.of  154).  The  income  for  the  year,  therefore,  would  be  $120,780.  Now,  by 
reducing  the  estimates  of  expense  to  $82,380  there  will  be  a  surplus  of  $38,400, 
of  which  the  University's  share  would  be  $12,000,  which  is  the  necessary  amount 
contemplated  in  the  contract. 

Your  committee,  therefore,  recommends  that  the  estimate  of  the  Actuary 
be  returned  with  the  request  that  the  executive  faculty  of  the  Medical  College 
.and  the  President  of  the  University  reduce  the  estimated  expenses  to*$82,380 
for  the  present  year,  or  as  nearly  to  that  sum  as  existing  contracts  will  allow,  and 
that  they  be  instructed,  in  submitting  hereafter  the  estimates  of  the  Actuary,  to 


31 

make  the  annual  expense  within  $38,400  of  a  conservative  estimate  of  the 
income  for  that  year.  Your  committee  believes  that  this  can  be  done 
without  any  real  injury  to  the  Medical  College  or  Dental  School  and  will  aid 
largely  in  a  healthful  and  natural  growth  in  all  their  parts. 

Your  committee  further  recommends  that  each  year  the  estimates  for  the  next 
year's  income  and  expenses  of  the  College  of  Medicine  be  submitted  to  this 
Board  for  consideration  at  its  regular  March  meeting. 

The  members  of  this  committee  desire  in  closing  this  report  to  record  their 
candid  belief  that  the  State  of  Illinois  can  not  with  honor  to  itself,  for  longer  than 
a  temporary  period,  employ  a  private  corporation  to  educate  for  it  the  young 
men  and  women  of  the  State ;  and  we  believe  that  the  chief  Executive  and  the 
legislature  of  Illinois  will  not,  and  this  Board  of  Trustees  should  not,  look  with 
approval  upon  the  suggestion  that  the  contract  herein  referred  to  be  allowed 
to  continue  indefinitely.  The  business  of  this  contract  should  be  pursued  with 
the  conscientious  purpose  of  fulfilling  it  at  the  earliest  possible  time.  This  result 
would  no  doubt  be  to  the  financial  advantage  of  the  College  of  Physicians  and 
Surgeons  and  the  educational  enlargement  of  the  University,  and  we  hope, 
therefore,  that  this  Board  and  the  Board  of  Directors  of  the  College  of  Physicians 
and  Surgeons  will  labor  harmoniously  together  to  this  end. 

Respectfully  submitted, 

ALEX.  MCLEAN, 

S.   A.   BULLARD, 

F.  M.  McKAY, 

Committee  on  Medical  College, 

[22  Rep't  Univ.  of  Illinois,  pp.  20-23 

"THE  GRACE  CHANDLER  SCHOLARSHIP." 
KNOW  ALL  MEN  BY  THESE  PRESENTS: 

That  the  College  of  Physicians  and  Surgeons,  of  Chicago,  the  College  of  Medi- 
cine of  the  University  of  Illinois,  in  consideration  of  one  thousand  dollars,  paid 
to  it  by  the  Woman's  Board  of  Missions  of  the  Northwest,  the  receipt  whereof  is" 
hereby  acknowledged,  does  hereby  grant,  bargain,  and  convey  to  the  said  Wo- 
man's Presbyterian  Board  of  Missions  of  the  Northwest,  a  perpetual  scholarship 
in  said  College  to  be  known  and  designated  as  '  'The  Grace  Chandler  Scholar- 
ship," subject  to  the  following  specifications  and  conditions: 

I. 

Said  scholarship  shall  entitle  said  Board  of  Missions  to  one  student  annually 
in  the  College  of  Physicians  and  Surgeons,  of  Chicago,  the  College  of  Medicine 
of  the  University  of  Illinois.  And  if  said  Board  should  fail 'to  send  one  student 
to  said  College  for  any  one  or  more  years  it  shall  be  entitled  in  any  subsequent 
year  or  years  to  such  a  number  as  will  be  equivalent  to  one  annually. 

II. 

If  ever  the  said  College  of  Physicians  and  Surgeons,  of  Chicago,  the  College  of 
Medicine  of  the  University  of  Illinois,  ceases,  or  fails  to  provide  complete  medical 
education  for  women  according  to  the  standard  required  by  other  regular 
schools  of  medicine  in  good  standing,  then  the  money  for  the  establishment  of 
the  foregoing  scholarships  shall  be  paid  to  the  Woman's  Presbyterian  Board  of 
Missions  of  the  Northwest,  or  its  successor  or  successors. 

III. 

The  student  or  students  entering  such  College  under  said  scholarship  shall  be 
entitled  free  of  charge  to  all  that  the  regulations  of  said  College  require  or  may 
require  of  other  students  of  the  same  stage  of  advancement,  including  matricu- 
lation, final  examinations,  materials  necessary  for  illustration  and  practical 


32 

work,  and  all  college  and  hospital  instruction — or  such  of  these  as  may  be  re- 
quired by  said  College  for  the  year  or  years  such  student  or  students  may  be  in 
attendance  Any  student  who  has  been  a  beneficiary  of  this  scholarship  for  one 
or  more  years  shall  be  entitled  in  any  subsequent  year  to  enter  said  College  as  a 
student  on  the  same  conditions  as  are  required  of  a  non-beneficiary  student  of 
the  same  grade. 

IV. 

The  student  entering  said  College  under  said  scholarship  must  be  recommended 
by  the  said  Woman's  Presbyterian  Board  of  Missions  of  the  Northwest,  or  its 
successor  or  successors,  in  preparation  for  the  work  of  a  medical  missionary,  and 
must  be  subject  to  all  the  conditions  required  for  admission  and  graduation,  re- 
sponsiblity  for  the  breakage  of  furniture  and  laboratory  appliances,  and  to  all 
other  rules  and  regulations  of  the  said  College,  except  as  above  provided  in 
regard  to  fees. 

I\  WITNESS  WHEREOF,  The  said  College  of  Physicians  and  Surgeons,  the 
College  of  Medicine  of  the  University  of  Illinois,  has  on  this  sixteenth  day  of 
September,  in  the  year  of  our  Lord  one  thousand  nine  hundred  and  two,  signed, 
sealed  and  delivered  the  foregoing  instrument  by  its  Dean,  and  affixed  the  seal 
of  the  said  corporation  thereto.  . 

The  College  of  Physicians  and  Surgeons,  of  Chicago,  the  College  of  Medicine  of 
the  University  of  Illinois. 

[SEAL]  WM.  E.  QUINE, 

Dean. 
[22  Kept.  Univ.  of  Illinois,  pp.  25,  26.] 

TRANSFER  OF  WEST  DIVISION  HIGH  SCHOOL  PROPERTY. 

The  committee  for  the  transfer  of  the  West  Division  High  School  propert)r  by 
the  College  of  Physicians  and  Surgeons  to  the  University  of  Illinois  made  the 
following  report  which  was  adopted,  and  the  increase  of  indebtedness  on  account 
of  the  transfer  by  the  College  of  Physicians  and  Surgeons  of  this  property  was 
authorized. 

To  the  Board  of  Trustees: 

Your  special  committee  on  the  transfer  of  the  West  Division  High  School 
property  by  the  College  of  Physicians  and  Surgeons  to  the  University  makes  the 
following  report : 

The  instructions  of  this  Board  in  regard  to  new  deeds  passed  at  the  meeting 
of  October  1,  1902,  on  the  report  and  recommendation  of  this  committee,  have 
been  carried  out  and  your  committee  submits  the  papers  in  the  case  to  make  the 
record  of  the  same  complete. 

The  President  and  Secretary  of  this  Board  duly  executed  and  delivered  to  the 
College  of  Physicians  and  Surgeons  of  Chicago  a  quit-claim  deed  to  the  West 
Division  High  School  property  of  the  said  College  of  Physicians  and  Surgeons 
under  date  of  the  13th  day  of  January,  1903.  This  deed  is  submitted  as  a  part 
of  this  report. 

The  Grantor,  THE  UNIVERSITY  OF  ILLINOIS,  a  corporation  organized  under  the 
laws  of  the  State  of  Illinois,  for  and  in  consideration  of  One  Dollar  (SI. 00),'  in 
hand  paid,  conveys  and  quit-claims  to  the  COLLEGE  OF  PHYSICIANS  AND  SUR- 
GEONS OF  CHICAGO,  a  corporation  organized  under  the  laws  of  the  State  of  Illi- 
nois, the  following  described  real  estate,  lying  and  being  in  the  City  of  Chicago, 
Cook  County,  and  State  of  Illinois,  known  and  described  as  follows: 

Lots  one  (1)  to  seven  (7),  inclusive,  in  Block  twenty-three  (23);  also  Sub-Lots 
one  (1)  to  seven  (7),  inclusive,  of  Lots  nineteen  (19)  to  twenty-five  (25),  inclu- 
sive, in  Block  twenty-three  (23),  and  the  vacated  alley  running  North  and  South 


33 

through  said  Block  twenty-three  (23),  in  Ashland  Second  Addition  to  Chicago, 
in  the  West  one-half  of  the  Northeast  quarter  of  Section  eighteen  (18),  Township 
thirty-nine  (39)  North,  Range  fourteen  (14)  East  of  the  Third  Principal  Meridian, 
including  the  building  thereon,  together  with  the  furniture,  fixtures,  and  appar- 
atus therein,  in  so  far  as  any  interest  in  said  property  was  acquired  by  and 
through  a  deed  made- by  the  said  THE  COLLEGE  OK  PHYSICIANS  AND  SURGEONS 
OF  CHICAGO  to  the  said  THE  UNIVERSITY  OF  ILLINOIS,  June  26,  1902,  and  re- 
corded on  page  416  of  book,  7,9-85  of  the  records  of  said  County  of  Cook. 
Dated  this  13th  day  of  January,  A.  D.  1903. 

•UNIVERSITY  OF  ILLINOIS,  by  - 
AUGUSTUS  F.  NIGHTINGALE, 
-;••••        President  of  the  Board  of  Trustees. 
[SEAL]  W.  L.-  PILLSBURY, 

Secretary  of  the  Board  of  Trustees. 
STATE  OF  ILLINOIS,   1 


COUNTY  OF  COOK, 

I,  Cyrus  W.  George,  a  Notary  Public,  in  and  for  said  County,  in  the  State 
aforesaid,  do  hereby  certify  that  -Augustus  F.  Nightingale,  President  of  the 
Board  of  Trustees  of  the  University  of  Illinois,  who  is  personally  known  to  me 
to  be  the  same  person  whose  name  is  subscribed  to  the  foregoing  instrument,  and 
who  is  personally  known  to  me  to  be  such  President  as  aforesaid,  appeared  be- 
fore me  this  day  in  person,  and  acknowledged  that  he  signed,  sealed,  and  deliv- 
ered the  said  instrument  as  his  free  and  voluntary  act  and  the  free  and  voluntary 
act  of  the  said  University  of  Illinois,  for  the  uses,  and  purposes,  therein 'set  forth, 
in  accordance  with  a  resolution  duly  passed  by  its  Board  of  Trustees  at  a  legal 
meeting  of  such  Board. 

Given  tinder  my  hand  and  Notarial  Seal  this  29th  day  of  January,  A.  D.  1903. 

CYRUS  W.  GEORGE, 
[SEAL]  Notary  Public. 

STATE  OF  ILLINOIS,       ] 

\  ss. 

COUNTY  OF  CHAMPAIGN,  J 

I,  L.  A.  Boice,  a  Notary  Public,  in  and  for  said  County,  in  the  State  aforesaid, 
do  hereby  certify  that  W.  L.  Pillsbury,  secretary  of  the  Board  of  Trustees  of 
the  University  of  Illinois,  who  is  personally  known  to  me  to  be  the  same  person 
whose  name  is  subscribed  to  the  foregoing  Instrument,  and  who  is  personally 
known  to  me  to  be  such.  Secretary  as  aforesaid,  appeared  before  me  this  day  in 
person,  and  acknowledged  that  he  signed,  scaled,  and  delivered  the  said  instru1 
ment  as  his  free  and  voluntary  act,  and  as  the  free  and  voluntary  act  of  the  said 
University  of  Illinois,  for  the  uses  and  purposes  therein  set  forth,  in  accordance 
with  a  resolution  duly  passed  by  its  Board  of  Trustees  at  a  legal  meeting  of 'such 
Board. 
"•  Given  under  my  hand  and  Notarial  Seal  this  13th  day  of  January,  A.  D.  1903. 

L.  A.  BOICE, 
[SEAL}  Notary  Public.* 

The  deed  was  recorded  in  the  office  of  the  recorder  of  deeds  of  Cook  County, 
Book  8,220,  p.  28.  ,  , 

The  Board  of  Directors  of  the  College  of  Physicians  and  Surgeons  on  the  23d 
day  of  December,  1902,  authorized  the  execution  of  another  deed  for  this  prop- 
erty to  the  University.  A  copy  of  this  action  follows : 

.   "Resolution  adopted  by  the  Board  of  Directors  of  the  College  of  Physicians 
and  Surgeons,  Chicago,  December  23,  1902. 

Whereas,  The  special  committee  of  the  Board  of  Trustees  of  the  University  of 
Illinois  on  transfer  of  the  West  Division  High  School  property,  reported  that 


34 

an  error  in  the  recommendation  of  said  committee  in  its  report  made  at  the 
regular  meeting  September  9,  1902,  should  be  corrected.  The  committee  at 
that  time  reported  all  the  papers  necessary  to  the  transfer,  and  recommended 
that  the  deed  be  recorded  in  the  Recorder's  office  of  Cook  County  and  then  sent 
to  the  Secretary  of  State,  to  be  held  in  escrow  by  him — whereas,  to  conform  to 
the  method  followed  in  the  first  transfer,  the  recommendations  should  have 
been,  that  the  contract  be  recorded  in  the  Recorder's  office  in  Cook  County  and 
the  deed  sent  to  the  office  of  the  Secretary  of  State  at  Springfield,  to  be  held  in 
escrow  by  him  until  the  contract  had  been  fulfilled,  and  in  order  to  correct  the 
error  they  made  in  recording  the  deed  instead  of  the  contract,  the  Board  of 
Trustees  of  the  University  of  Illinois  at  the  regular  meeting  held  October  24, 
1902,  authorized  and  instructed  the  officers  of  their  Board  to  have  drawn  and 
executed  a  quit-claim  deed  of  the  said  West  Division  High  School  property, 
from  the  University  of  Illinois  to  the  College  of  Physicians  and  Surgeons  of 
Chicago,  and  to  have  it  recorded  in  the  Recorder's  office  of  Cook  County,  and 
that  in  exchange  for  this  deed  they  be  instructed  to  accept  another  warranty 
deed  for  the  same  property  from  the  College  of  Physicians  and  Surgeons  to  the 
University  of  Illinois,  which  deed  their  officers  were  instructed  to  have  placed  in 
escrow  in  the  hands  of  the  Secretary  of  State  of  the  State  of  Illinois  in  accord- 
ance with  the  contract  report  at  the  meeting  of  their  Board  September  9th  last, 
and  further  that  they  be  instructed  to  have  said  contract  recorded  in  the 
Recorder's  office  in  Cook  County,  Illinois,  therefore  be  it 

Resolved,  That  the  proper  officers  of  the  College  of  Physicians  and  Surgeons 
of  Chicago  are  hereby  duly  authorized  and  empowered  to  accept  from  the  Uni- 
versity of  Illinois  said  quit-claim  deed  and  to  give  in  exchange  for  it  to  the 
University  of  Illinois  a  warranty  deed  to  the  West  Division  High  School  prop- 
erty in  accordance  with  the  recommendations  of  the  Trustees  of  the  University 
of  Illinois  at  their  meeting  October  24,  1902,  and  the  proper  officers  of  the 
College  of  Physicians  and  Surgeons  are  instructed  to  also  receive  from  the 
University  of  Illinois  the  original  deed  recorded  in  Cook  County,  but  in  error 
in  the  recommendation  of  the  special  committee  on  transfer  of  the  Board  of 
Trustees. 

D.  A.  K.  STEELE.  President." 

Under  this  authority  the  following  deed  was  executed  by  the  officers  of  the 
College  of  Physicians  and  Surgeons: 

The  Grantor,  THE  COLLEGE  OF  PHYSICIANS  AND  SURGEONS  OF  CHICAGO,  a 
corporation  organized  under  the  laws  of  the  State  of  Illinois,  for  and  in  consider- 
ation of  the  sum  of  one  hundred  and  eighty-six  thousand  dollars  ($186,000.00), 
in  hand  paid  conveys  and  warrants  to  the  UNIVERSITY  OF  ILLINOIS,  a  corpora- 
tion organized  under  the  laws  of  the  State  of  Illinois,  the  following  described 
real  estate,  lying  and  being  in  the  City  of  Chicago,  County  of  Cook,  and  State  of 
Illinois,  known  and  described  as  follows,  to-wit: 

Lots  one  (1)  to  seven  (7),  inclusive,  in  Block  twenty-three  (23);  also  Sub-Lots 
one  (1)  to  seven  (7),  inclusive,  of  Lots  nineteen  (19)  to  twenty-five  (25),  in 
Block  twenty-three  (23),  and  the  vacated  alley  running  North  and  South 
through  said  Block  twenty-three  (23),  in  Ashland  Second  Addition  to  Chicago, 
in  the  West  one-half  of  the  Northeast  quarter  of  Section  eighteen  (18),  township 
thirty-nine  (39)  North,  Range  fourteen  (14)  East  of  the  Third  Principal  Meridian, 
including  the  buildings  thereon,  together  with  the  furniture,  fixtures,  and 
apparatus  therein. 

Dated  this  thirteenth  day  of  January,  A.  D.  1903. 

THE  COLLEGE  OF  PHYSICIANS  AND  SURGEONS,  OF  CHICAGO,  by 

D.  A.  K.  STEELE,  President. 

[SEAL]  WM.  ALLEN  PUSEY,  Secretary,  College  of  Physicians  and 

Surgeons. 


35 
COUNTY  OF  COOK, 


ss. 
STATE  OF  ILLINOIS, 

I,  E.  Evelyn  Ballard,  a  Notary  Public,  in  and  for  said  County,  in  the  State 
aforesaid,  do  hereby  certify  that  D.  A.  K.  Steele,  President,  and  Wm.  Allen 
Pusey,  Secretary  of  the  College  of  Physicians  and  Surgeons  of  Chicago,  who  are 
personally  known  to  me  to  be  the  same  persons  whose  names  are  subscribed  to 
the  forgoing  instrument,  and  who  are  personally  known  to  me  to  be  such  Presi- 
dent and  Secretary  as  aforesaid,  appeared  before  me  this  day  in  person,  and 
acknowledged  that  they  signed,  sealed  and  delivered  the  said  instrument  as 
their  free  and  voluntary  act  and  as  the  free  and  voluntary  act  of  the  said  College 
of  Physicians  and  Surgeons  of  Chicago,  for  the  uses  and  purposes  therein  set 
forth,  in  accordance  with  a  resolution  duly  passed  by  its  Board  of  Directors  at  a 
legal  meeting  of  such  Board. 

Given  under  my  hand  and  Notarial  Seal  this  27th  day  of  January,  A.  D.  1903. 

E.  EVELYN  BALLARD, 
[SEAL]  Notary  Public. 

The  officers  of  the  College  of  Physicians  and  Surgeons  and  the  officers  of  this 
Board  united  in  sending  this  deed  to  James  A.  Rose,  Secretary  of  State,  at 
Springfield,  to  hold  in  escrow. 

Their  letter  of  transmissal  follows : 
To  the  Secretary  of  State  of  Illinois: 

DEAR  SIR:  The  College  of  Physicians  and  Surgeons  of  Chicago  and  the  Uni- 
versity of  Illinois  do  hereby  deliver  to  you  a  certain  deed  bearing  even  date  here- 
with, wherein  the  said  College  of  Physicians  and  Surgeons  is  grantor  and  the 
said  University  of  Illinois  is  grantee,  which  deed  is  delivered  to  you  in  escrow*,  to 
be  held  and  delivered  at  the  time,  and  in  the  manner,  for  the  purpose  and  upon 
the  conditions  stated  and  set  forth  in  certain  articles  of  agreement  and  lease 
between  the  parties  hereto,  bearing  date  February  9,  1900,  and  at  the  same  time 
and  under  the  same  conditions  as  the  deed  between  the  said  parties  mentioned 
in  said  articles  of  agreement  and  lease  and  heretofore  delivered  to  you  under  the 
said  articles  of  agreement  and  lease. 

Chicago,  January  13,  1903. 

THE  COLLEGE  OF  PHYSICIANS  AND  SURGEONS,  OF  CHICAGO,  by 
D.  A.  K.  STEELE,  President. 

[SEAL]  WM.  ALLEN  PUSEY,  Secretary  of  College  of  Physicians  and 

Surgeons. 

THE  UNIVERSITY  OF  ILLINOIS,  by 
AUGUSTUS  F.  NIGHTINGALE,  President  of  Board  of  Trustees. 

[SEAL]  W.  L.  PILLSBURY,  Secretary  of  Board  of  Trustees. 

In  response  the  Secretary  of  State  acknowledged  the  receipt  of  the  letter  and 
deed  in  the  following  letter: 

February  16,  1903. 

W.  L.  Pillsbury,  Secretary,  University  of  Illinois,  Urbana,  Illinois: 

DEAR  SIR:  I  acknowledge  receipt  on  the  14th  of  your  favor  of  the  12th 
enclosing  deed  from  the  College  of  Physicians  and  Surgeons  to  the  University  of 
Illinois,  together  with  the  accompanying  letter  to  me  stating  said  deed  is  de- 
livered to  me  in  escrow.  Yours  very  truly, 

JAMES  A.  ROSE, 
Secretary  of  State. 

Our  officers  also  had  the  contract  between  the  University  of  Illinois  and  the 
College  of  Physicians  and  Surgeons  reported  to  the  Board  by  this  committee 


36 

September  9,  1902,  recorded  in  the  recorder's  office  in  Cook  county,  thus  making 
complete  the  contract  and  transfer  of  the  West  Division  High  School  property. 

Your  committee  would  further  report  that  it  has  examined  and  audited  the 
expenditures  of  the  College  of  Physicians  and  Surgeons  in  improving  the  new 
West  Division  High  School  property  and  in  restoring  and  improving  the  original 
college  building  after  the  fire  of  June  25,  1901,  and  preparing  it  for  use  of  the 
Dental  School,  and  find  the  same  to  be  the  sum  of  $108,415.69.  From  this  sum 
is  to  be  deducted  the  sum  of  $34,049.34,  which  was  received  for  insurance  on 
the  building  and  contents,  and  $164.80  received  from  the  sale  of  furniture, 
making  a  total  deduction  of  $35,114.14.  This  makes  the  net  expenditures  to 
be  $73,301.55.  A  part  of  this  amount,  $5,000.00,  was  authorized  on  recommen- 
dation of  your  Committee  on  Medical  College  on  November  9,  1900,  and  again 
$47,000.00  on  September  28,  1901.  This  leaves  a  balance  unauthorized  of 
$21,301.55,  which  your  committee  now  recommends  that  this  Board  authorize. 

With  the  authorization  of  this  amount  the  obligations  under  the  contract 
with  the  College  of  Physicians  and  Surgeons  stand  as  follows: 


Amount  of  original  contract   

$217,  000  .  00 

Amount  of  West  Division  High  Schocl  Purchase  . 
Amount  of  Dentistry  School  Purchase  

186,000.00 
17   000.00 

Amount  of  authorized  improvements  in  New  Med- 
ical College  and  Dental  School  buildings  .... 

73,301.55 

TOTAL.  . 

$493.301.55 

The  indebtedness  of  the  College  of  Physicians  and  Surgeons  reported  in  the 
original  contract  was  $70,700.00.  This  was  increased  by  the  purchase  of  the 
High  School  building  $186,000.00,  and  by  the  purchase  of  the  Dental  School 
$17,000.00,  which  makes  a  total  of  $273,700.00.  The  large  improvements  in 
the  Medical  School  and  the  Dental  School  buildings  have  made  necessary  an 
increase  in  the  indebtedness,  said  increase  amounting  to  $33,650.00,  which  is  in 
the  form  of  unsecured  notes.  Your  committee  recommends  that  an  increase  of 
$33,650.00  in  the  unsecured  indebtedness  be  authorized  by  this  Board.  This 
will  make  the  total  amount  of  indebtedness  authorized  $307,350.00. 

It  is  reported  to  this  committee  by  the  officers  of  the  College  of  Physicians  and 
Surgeons  that  the  indebtedness  of  the  said  College  on  January  1st,  1903,  was  as 
shown  below,  and  that  since  then  to  this  date  said  indebtedness  has  not  been 
increased : 


First  Mortgage  on  High  Schocl  pro  pert  v 

$  86  000  00 

Bonds  on  High  School  proper  LV 

109  000  00 

^ 

Bonds  on  original  property 

21   000  00 

Bonds  on  original  property 

39  000  00 

Notes  to  bank 

20  000  00 

Notes  to  individual  members  of  College  

32,350.00 

TOTAL  

$307,350.00 

All  of  which  is  respectfully  submitted. 


[22  Rep't  Univ.  of  Illinois,  pp.  58-62. 


S.  A.  BULLARD, 
CARRIE  T.  ALEXANDER, 
ALEX.  McLKAX. 


